# CIMCON Lighting

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cimcon-lighting

- Industry: Electronics
- Headquarters: Burlington, US
- Website: www.cimconlighting.com
- Total disclosed funding: $38M
- Latest round: Series C (Sep 10, 2019)
- Investors on record: 2

## About

CIMCON Lighting, Inc. specializes in advanced smart lighting solutions, enhancing urban infrastructure through innovative technologies that improve energy efficiency and public safety.Founded in 2012 and headquartered in Burlington, US, CIMCON Lighting, Inc. focuses on smart streetlight solutions. The company was acquired by Quantela Inc. in August 2021, allowing for the deployment of innovative technologies through existing streetlight infrastructure. Anil Agrawal serves as the CEO, contributing his extensive experience in technology and business development. The company has completed a total of 4 deals, with the most recent being the Series C funding round which raised USD 23.00 mn, led by Digital Alpha Advisors.CIMCON Lighting offers a suite of smart lighting products designed for urban environments, including intelligent streetlights, smart sensors, and centralized management systems. Their solutions are implemented in various locations, improving operational efficiency and safety in cities. The company's innovations have been notably applied in municipalities, addressing urban challenges effectively.CIMCON Lighting generates revenue by providing smart lighting solutions through long-term contracts with municipalities and businesses. Clients typically engage in agreements that cover the deployment of technologies, including subscription models for ongoing software services, hardware installation, and maintenance.CIMCON Lighting aims to expand its product line by developing new smart city solutions and will utilize the recent funding from the Series C round to enhance product capabilities. The company is looking to penetrate additional markets, particularly in North America and emerging economies by 2023. The acquisition by Quantela allows CIMCON to leverage existing streetlight infrastructures for deploying new technologies, ultimately improving urban management and societal outcomes.

## Funding rounds

- Series C, Sep 10, 2019, $23M — Energy Impact Partners, Digital Alpha Advisors
- Series B, May 25, 2017, $15M — Energy Impact Partners

## Investors

- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Series B, Series C
- Digital Alpha Advisors (https://capitalatlas.ai/funds/digital-alpha-advisors) — Series C