Deal Announcements

InnovaLight Collects $5 Million In Equity And Debt

Thursday, October 16, 2008 6:04:00 AM PDT | VentureDeal Staff

Sunnyvale, California  --  Electronics company InnovaLight said that it has secured $5 million in a new round of venture equity and lending facility.

InnovaLight is developing a "disruptive alternative to currently available light activated power generating products."

Leader Ventures and Silicon Valley Bank participated in the round. The company did not disclose how it would use the funding proceeds.

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