# CoolEdge Lighting

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

- Industry: Electronics
- Headquarters: Burnaby, Canada
- Website: www.cooledgelighting.com
- Total disclosed funding: $26M
- Latest round: Series B (Dec 15, 2014)
- Investors on record: 5

## About

CoolEdge Lighting, Inc. provides innovative lighting solutions that enhance environments with luminous ceilings and acoustic luminaires, prioritizing both exceptional light quality and acoustic comfort for various spaces.Founded in 2009 and headquartered in Burnaby, Canada, CoolEdge Lighting, Inc. specializes in advanced lighting technology. The company has successfully completed 9 deals, including its latest Series B financing round in December 2014, which raised USD 18.4 mn led by Yaletown Partners and included investors such as ARCH Venture Partners and GE Capital. C Sheen serves as CEO and has a history of entrepreneurial ventures.CoolEdge Lighting specializes in innovative lighting solutions that combine large-scale luminous ceilings and acoustic luminaires, creating immersive illumination experiences that emulate natural light. Their flagship products, including Luminous Ceilings and Acoustic Luminaires, enhance living environments with superior light quality while reducing noise pollution. Tailored for architects and designers, these offerings are utilized as functional building materials across commercial and residential spaces, serving a diverse clientele in North America and select regions of Europe and Asia.CoolEdge Lighting generates revenue through direct sales of its lighting products, focusing on B2B transactions with clients such as architectural firms and construction companies. They utilize a structured transaction model, engaging clients in customized lighting solutions for specific projects. Their revenue streams are supported by partnerships with design professionals who incorporate their systems into key projects, with pricing reflecting the advanced technology and customization of their signature products.CoolEdge Lighting plans to leverage the recent Series B funding of USD 18.4 mn, raised in December 2014, to enhance product development and expand into new markets. Upcoming products are being designed to further integrate advanced lighting technology with sustainability considerations. The company aims to enter additional European markets by 2025, while also reinforcing its existing presence in North America and Asia. The funding will support these initiatives, ensuring alignment with market demands and customer needs.

## Funding rounds

- Series B, Dec 15, 2014, $18M — ARCH Venture Partners, GE Capital, Equity, BDC Capital, Yaletown Partners, Export Development Canada
- Series A, May 23, 2012, $7.3M — ARCH Venture Partners, BDC Capital, Yaletown Partners

## Investors

- ARCH Venture Partners (https://capitalatlas.ai/funds/arch-venture-partners) — Series A, Series B
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series A, Series B
- Yaletown Partners (https://capitalatlas.ai/funds/yaletown-partners) — Series A, Series B
- GE Capital, Equity (https://capitalatlas.ai/funds/ge-capital-equity) — Series B
- Export Development Canada — Series B