Design LED Products, formed in 2004 and based in Livingston, UK, develops and patents technology to embed light-emitting diodes (LEDs) within printed light-guide devices. Its core product enables clients to produce thin, flexible, high-efficiency light panels and displays suitable for consumer electronic devices through to large-area LED lighting and LCD TV backlighting. The company is led by CEO Stuart Bain. It intends to use the newly raised funds to accelerate plans to enter the high-growth lighting and LCD TV backlighting markets. The article reports a second tranche close of £639k as part of an ongoing funding round. Prior investor participation and the staged closes indicate continued external investor support as the company pursues market entry.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2011