# Azumo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/azumo

- Industry: Electronics
- Headquarters: Chicago, US
- Website: www.azumotech.com
- Total disclosed funding: $48M
- Latest round: Series B (May 10, 2022)
- Investors on record: 8

## About

Based in Chicago, US, and founded in 2008 by Michael Casper, Shawn Pucylowski and Anthony Nichol. Azumo Inc., formerly known as FLEx Lighting operates as a developer of LED-based thin and flexible light guide systems intended to serve the display industry. The company is backed by Dipalo Ventures.

Azumo, Inc. uses ultra-thin light transmission technology that offers higher battery power savings and reflective color with video-rate capability, while simultaneously providing readability in bright sunlight conditions without glare, thereby enabling clients to provide products with lower energy consumption across various markets.

## Funding rounds

- Series B, May 10, 2022, $30M — Earth Foundry, SABIC Ventures, Alumni Ventures Group, Anzu Partners, VectoIQ, Dipalo Ventures
- Series C, Dec 8, 2020, $9M — Anzu Partners, Dipalo Ventures
- Series B, Nov 7, 2018, $9M — Earth Foundry, SABIC Ventures, Harvard Business School Alumni Angels, Bascom Ventures

## Investors

- Earth Foundry (https://capitalatlas.ai/funds/earth-foundry) — Series B
- SABIC Ventures (https://capitalatlas.ai/funds/sabic-ventures) — Series B
- Harvard Business School Alumni Angels — Series B
- Bascom Ventures — Series B
- Anzu Partners (https://capitalatlas.ai/funds/anzu-partners) — Series C, Series B
- Dipalo Ventures (https://capitalatlas.ai/funds/dipalo-ventures) — Series C, Series B
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series B
- VectoIQ (https://capitalatlas.ai/funds/vectoiq) — Series B