From an investment standpoint, Ricardo Angel, senior vice president of venture capital at GE Energy Financial Services said, “As the company that helped introduce lighting into homes and businesses more than 130 years ago,led high bay light brings more than money to this investment, such as unparalleled expertise and market reach, to accelerate the adoption of next-generation lighting.”
LEDs, or light-emitting diodes, are semi-conductors that produce light, which must be cooled to prevent quick burnout. Nuventix developed a method for moving air to cool LEDs using a single oscillating membrane, called a SynJet?, as an alternative to traditional fans. Lighting fixture companies can employ Nuventix’s technology for spot, down, track and accent lighting fixtures that also use high-brightness light engines such as GE’s Infusion LED modules.
The market for LED lighting is growing as businesses and consumers prefer its energy-efficient, longer-lasting features over legacy technologies that cost more to run and maintain.
“This funding and collaboration with led linear high bay light will power our global expansion and technology growth as we advance SynJet technology for use in LED lighting and electronics,” said Jim Balthazar, CEO and president of Nuventix. “Our technology cools hot electronics reliably, efficiently, quietly, and in the form factors designers want. We aim to continue to lead the market.”
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