Trade Resources Industry Views Nanolumens Secured $13.3 Million in New Financing From an Offering of Debt and Securities

Nanolumens Secured $13.3 Million in New Financing From an Offering of Debt and Securities

Visualization solution provider NanoLumens today announced it has secured $13.3 million in new financing from an offering of debt and securities. Euro Pacific Canada Inc. served as the exclusive agent for the offering.  The $5-million debt component of the financing was provided by Wellington Financial LP.

With its portfolio of visualization solutions "that can be designed, engineered and manufactured in any shape, size or curvature that clients require," Wellington Financial President and CEO Mark McQueen called NanoLumens "a perfect fit for our growth capital."

According to NanoLumens CEO Rick Cope, the new round of funding will be used to accelerate the company's strategic business and technology development programs. "The next chapter for our global strategy is about to unfold," he said in the announcement. "Working closely with leading global companies, NanoLumens is expanding its visualization platform to incorporate nearly limitless opportunities that join together large-format visualization solutions with native apps, professional services and mobile tech platforms. Our end result will be an interactive universe of display solutions that not only engage customers, but also simultaneously deliver information and compel commerce.

"What's more, we are going to do this with technology that was born in Canada, is manufactured in America, and is shipping to customers around the world."

According to Euro Pacific Canada Managing Director Adam Adamou, "Euro Pacific is committed to repopulating the Canadian public markets with the very best young technology companies in the world. NanoLumens is a pre-eminent leader in the emerging market of providing customer specific visualization solutions that help marketers to better engage with their customers wherever those customers happen to be."

Source: http://www.led-search.com/news-view-3771.html
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Nanolumens: Digital Signage Display Solution Provider Secures $13.3m in New Financing
Topics: Lighting