# LightIntegra Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lightintegra-technology

- Industry: Healthcare
- Headquarters: Vancouver, Canada
- Website: www.lightintegra.com
- Total disclosed funding: $5.3M
- Latest round: Series A (Apr 24, 2019)
- Investors on record: 5

## About

LightIntegra Technology Inc. specializes in advanced optical measurement technologies, enhancing accuracy and efficiency in light-based applications across healthcare, manufacturing, and environmental monitoring sectors.Founded in 2009 and headquartered in Vancouver, Canada, LightIntegra Technology Inc. focuses on developing innovative optical measurement solutions. The company raised USD 5.30 mn in Series A funding on April 24, 2019, led by Boardwalk Ventures Inc. and Genome British Columbia, with other investors including Coleco Investments, Quimby Investments (VCC) Ltd., and Tower Beach Capital. LightIntegra has completed two deals to date.LightIntegra.com specializes in advanced optical measurement technologies that enhance the accuracy and efficiency of light-based applications. The company's core product offerings include a suite of analytical tools designed for use in various industries, such as healthcare, manufacturing, and environmental monitoring. These tools are engineered to provide precise measurements of light parameters, enabling clients to optimize their processes and improve product quality. Targeted end-use cases include devices used in medical diagnostics, quality control in manufacturing, and environmental assessments. LightIntegra’s products are primarily marketed to customers in North America, Europe, and select Asian markets, catering to a diverse clientele that includes hospitals, manufacturing firms, and research institutions.LightIntegra.com generates revenue through direct sales of its proprietary measurement devices and software solutions, primarily within a B2B framework. The company offers a structured pricing model based on the complexity and features of its products, with options for one-time purchases or extended service agreements that include software updates and technical support. Transaction scenarios may involve hospitals purchasing diagnostic equipment alongside ongoing maintenance contracts, while manufacturing entities might engage in bulk procurement of light measurement tools to ensure consistent product quality. Revenue streams are further enhanced by partnerships with distributors who facilitate broader market access, allowing LightIntegra to effectively reach its target customers while also exploring potential collaborations with research institutions to foster innovation and product development.LightIntegra Technology Inc. aims to leverage its recent Series A funding of USD 5.30 mn, raised in April 2019, to accelerate product development and expand into new markets. The company is focusing on launching new measurement devices tailored for emerging healthcare technologies by mid-2021. Additionally, LightIntegra plans to penetrate the European and Asian markets more aggressively by the end of 2021, targeting partnerships with local distributors to increase market presence.

## Funding rounds

- Series A, Apr 24, 2019, $5.3M — Genome British Columbia, Boardwalk Ventures Inc., Tower Beach Capital, Coleco Investments, Quimby Investments (VCC) Ltd.

## Investors

- Genome British Columbia — Series A
- Boardwalk Ventures Inc. — Series A
- Tower Beach Capital (https://capitalatlas.ai/funds/tower-beach-capital) — Series A
- Coleco Investments — Series A
- Quimby Investments (VCC) Ltd. — Series A