Light-Based Technologies is a technology company.
Light-Based Technologies has raised $8.0M across 1 funding round.
Light-Based Technologies has raised $8.0M in total across 1 funding round.
Light-Based Technologies (LBT) is a Vancouver-based technology company specializing in power and control solutions for Solid-State Lighting (SSL), particularly LED systems.[1][2][3] It develops intelligent electronics, including firmware-based platforms and linear technologies, that enable dimming, color balancing, and deep dimming while maximizing simplicity, functionality, and reliability for faster market adoption of LEDs.[1][3][4][6] LBT raised $7.5M in a Series B round from investors like GreenAngel Energy Corporation, VantagePoint Capital Partners, and Chrysalix Venture Capital, but is now listed as a dead company.[1]
The company targeted lighting manufacturers and the SSL industry, solving challenges in LED control such as compatibility, efficiency, and user-friendly dimming without complex hardware.[1][3][6] Early products included UL-certified ultra-compatible deep-dimming LED drivers, with shipments beginning around 2013, and the firm held 17 patents related to LED light control, photometry, and spectroscopy.[1][3]
Founded in Vancouver, British Columbia (headquartered at 3689 East 1st Avenue Suite 200), Light-Based Technologies emerged in the early 2010s amid the shift from incandescent to LED lighting.[1] Its patent filings began as early as April 2011, with the first grant in December 2013 for an "Apparatus and method for LED light control," signaling initial R&D focus on semiconductor design, power electronics, and lighting market needs.[1]
LBT's idea stemmed from expertise combining SSL technical knowledge with innovative firmware platforms to deliver "Better Light" through simplified control systems.[1][3] Pivotal early traction included developing disruptive linear technologies for SSL control and beginning shipments of UL-certified LED drivers, attracting Series B funding to accelerate commercialization.[1][3] However, despite this momentum, the company reached "Dead" status post-funding, with no further public activity noted.[1]
LBT rode the early 2010s LED revolution, a trend shifting lighting from inefficient incandescents to energy-saving semiconductors, fueled by demands for smart, controllable lights in commercial and residential spaces.[1][5] Timing was ideal as SSL market adoption accelerated, with needs for dimming, color-tuning, and IoT integration—areas where LBT's simple electrical systems addressed pain points like incompatibility and complexity.[3][5][6]
Market forces favoring LBT included regulatory pushes for energy efficiency, falling LED costs, and the rise of "second-wave" lighting breaking incandescent paradigms toward programmable, circadian-responsive systems (e.g., Bluetooth-enabled smartbulbs).[5] Though now defunct, LBT influenced the ecosystem by patenting control innovations that likely informed later LED drivers and smart lighting from giants like Philips, contributing to today's networked, app-controlled environments.[1][5]
As a "Dead" Series B company post-2013 shipments, LBT's story highlights the high risks in early SSL hardware amid fierce competition from established players.[1] Its patents and tech may live on through licensing or acquisitions, shaping ongoing LED control standards. Future trends like AI-driven circadian lighting and PoE-integrated systems—echoing LBT's simplicity focus—will evolve the space, but without revival, its direct influence wanes. This underscores SSL's maturation: early innovators like LBT paved the path for "Better Light," now ubiquitous in smart ecosystems.[1][5]
Light-Based Technologies has raised $8.0M in total across 1 funding round.
Light-Based Technologies's investors include OGCI Climate Investments (CI).
Light-Based Technologies has raised $8.0M across 1 funding round. Most recently, it raised $8.0M Series B in September 2010.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2010 | $8.0M Series B | OGCI Climate Investments (CI) |