# SpectraWatt

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

- Industry: Renewable Energy
- Headquarters: New York, US
- Website: www.spectrawatt.com
- Total disclosed funding: $50M
- Latest round: Series A (Jun 17, 2008)
- Investors on record: 4

## About

SpectraWatt Inc is a company specializing in automotive lighting solutions, focusing on LED-based products that enhance safety and visibility for drivers in various environments.Founded in 2008, SpectraWatt Inc operates from New York, US, specializing in automotive lighting solutions. The company has raised USD 41.4 mn in funding through three deals, with its latest round occurring on March 23, 2010, involving investors such as Energy, Intel Capital, and Pacific Corporate Group. The firm's founder has a background in technology startups but specific details on previous ventures are not disclosed.SpectraWatt specializes in automotive lighting and safety products, primarily focusing on LED-based solutions like headlights, auxiliary lights, and warning lights. Their core offerings include advanced LED extra lights, back cameras, and emergency warning lights designed to enhance visibility and safety for drivers in various environments, particularly those working near parks, schools, or in fields requiring heightened awareness. The company serves a diverse clientele, including professional drivers, fleet operators, and individual vehicle owners, who prioritize safety and functionality in their vehicles. Geographically, SpectraWatt markets its products across multiple regions, targeting customers in Europe and beyond who are looking for modern, efficient lighting solutions for their vehicles.SpectraWatt generates revenue through direct sales of its products to consumers and businesses within the automotive sector. Transactions typically occur through a combination of e-commerce platforms and partnerships with retailers and wholesalers. Their flagship products, such as the Seeker 120W LED auxiliary lights and advanced back camera systems, meet the needs of customers seeking high-quality lighting solutions. Pricing structures are designed to cater to various customer segments, ensuring accessibility while reflecting the premium nature of their offerings. The company’s focus on innovative lighting technologies supports a steady revenue stream from both individual consumers and businesses seeking to enhance their vehicle safety and performance.In March 2010, SpectraWatt Inc. secured USD 41.4 mn in funding, which will be utilized to support the launch of new LED lighting products aimed at improving safety and efficiency for automotive users. The company aims to expand its presence in European markets and potentially into Asia by 2023, targeting regions with growing automotive industries. The recent financing will help facilitate this expansion and fuel product development initiatives.

## Funding rounds

- Series A, Jun 17, 2008, $50M — Intel Capital, Pacific Corporate Group, Solon Ventures, Energy

## Investors

- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A
- Pacific Corporate Group (https://capitalatlas.ai/funds/pacific-corporate-group) — Series A
- Solon Ventures (https://capitalatlas.ai/funds/solon-ventures) — Series A
- Energy — Series A