Lucibel is a leading manufacturer of next-generation eco-friendly LED lights and fixtures. Headquartered in France, Lucibel’s cutting-edge manufacturing facilities are located in Shenzen, China. The company recently completed a €4 million financing from Rising Tide partners and leading European investors. With our help, Lucibel is destined for rapid and profitable growth into the US market and beyond.
|Created in 2008 by Frederic Granotier, Lucibel is today known as the “the French King of LEDs”, with its premium lighting products sold in Europe and throughout the world. In the coming year Lucibel expects to triple sales, fueled by international expansion, a leading product line, and a large and expanding market
Lucibel’s low- consumption indoor and outdoor lighting is manufactured in a next-generation factory in Shenzen, China, allowing the company to achieve cost savings of over 40-50% on components and gain a natural foot-hold in the world’s largest market. In fact, 40% of Lucibel’s current sales are local to the Chinese market.
LED lights consume 8 times less energy than a halogen bulb, and their life of 50,000 hours means they represent an inevitable choice for economic and eco-friendly lighting in businesses and homes. The LED market, standing at €5 billion in 2010, is predicted to increase to over €40 billion by 2015.
In September 2012, Lucibel acquired HomeLights, a European LED distribution company with €3.6 million in 2011 sales and over 2,000 outlets in Europe. HomeLights is now known as Lucibel Retail.
Lucibel will use proceeds from its equity round to finance R&D activities and expand into new markets including Spain, the Maghreb, and the United States.
Seen in the photo above, Lucibel technology lights the Renault Atelier showroom and cafe on the Champs Elysees in Paris, France
“The French King of LEDs”
- La Tribune