|By Business Wire||
|January 14, 2014 12:01 PM EST||
LUXeXceL Group, the inventor of the revolutionary “Printoptical Technology” – a 3D printing process to prototype and manufacture lenses and optical products – announces that the European investors Munich Venture Partners, Chrysalix SET and Filsa Capital closed a growth financing round in the company. These partners will invest several million Euros into LUXeXceL. With these investments LUXeXceL enhances its global leadership position in the additive manufacturing of lenses and optical components.
The patented “Printoptical” 3D printing process is a unique digital technology able to print functional optics. As this one step “CAD-to-Optic” process allows for printing optically smooth structures and surfaces, the printed product does not require post processing. In this way optics design professionals receive design freedom. The ability to design prototypes, manufacture optical products and receive those back in just a few days will help product development significantly. There is not much difference any more between manufacturing one prototype, 100 samples or 10,000 pieces of an end product. Hence, cost reductions and time savings are the key value drivers for LUXeXceL starting in the LED industry.
Recently LUXeXceL’s innovative and unique digital manufacturing technology received recognition as winner of both the Deloitte Fast 50 2013 Most-Disruptive-Technology Award and the Belgium/Dutch Accenture Innovation Award 2013.
"We are excited to announce this completion," said Richard van de Vrie, founder and chairman of LUXeXceL. "This cash injection secures our growth and corporate development, increasing the capabilities that we offer to optical designers and LED lighting manufacturers. Our new partner Munich Venture Partners is one of Germany’s largest clean-tech investors with a very valuable network that will help us open new doors. I am pleased that Filsa Capital is investing in the company and making its management experience available. The additional capital injection of Chrysalix SET enables us to execute our business plan properly.”
Martin Kröner, managing partner of Munich Venture Partners: “We invested in LUXeXceL because of their unique patented process to print optics. We believe that their Printoptical Technology will change the way optics are designed, produced and digitally stored across many different market segments. Although the company is focused on the LED lighting market, as the capabilities rapidly improve we expect LUXeXceL to address similar opportunities in other optical markets. Our team is looking forward to helping LUXeXceL to accelerate the digitization of optics manufacturing.”
Managing Partner of Chrysalix SET Wouter Jonk: “We were the first venture capital investor to take a position in LUXeXceL based on our conviction that LUXeXceL will become a global key player in the field of optics and will accelerate the growth of the LED lighting Industry.”
Ton Tuijten, owner of the Dutch investor Filsa Capital, concluded: “I am happy to join the investment of Munich Venture Partners and Chrysalix SET in LUXeXceL and to help the company develop in a fast, efficient and professional way.”
About Munich Venture Partners
Munich Venture Partners is a venture capital firm. The company is managed by senior managers from the high technology and energy industry, and experienced venture capital professionals. As the prime partner of the Fraunhofer-Gesellschaft, one of the world’s leading research organizations for applied research, Munich Venture Partners is investing into selected high-tech startups in the environmental technology and energy sector.
About Chrysalix SET
Chrysalix SET is the Amsterdam-based management company of SET Fund I and SET Fund II. These independent venture capital funds focus on and invest in European-based early growth stage technology companies that offer a unique solution impacting the energy sector going forward. These target companies offer a technology, product or service, and/or enjoy a competitive market position with a high upside potential, while impacting the way energy is generated, distributed (including stored) or used (efficiency) . Chrysalix SET’s current investments include, among others, AlertMe Ltd, General Fusion Ltd, MicroShade A/S, NGenTec Ltd, EnOcean GmbH and Sefaira Ltd.
About Filsa Capital BV
Filsa Capital invests selectively in young, innovative and fast-growing companies in the cleantech, telecommunications, Internet and IT sectors.
Filsa provides capital for growth to companies with management that can deliver and offers “on an if-needed basis” operational support to these companies so that they can realize their potential nationally and internationally.
Filsa Capital uses its network of informal investors and venture partners to achieve its objectives.
About LUXeXceL Group BV
LUXeXceL Group BV, is the exclusive provider of optics rapid prototyping and manufacturing services using its patented Printoptical Technology. LUXeXceL is headquartered in Goes, Netherlands.
An additional corporate movie is available at: http://www.luxexcel.com/company/corporate-movie/.
LUXeXceL’ and ‘Printoptical’ are registered trademarks or trademarks of LUXeXceL Group BV.
© Copyright 2014 - LUXeXceL Group B.V. All rights reserved.
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
Jan. 16, 2017 06:30 AM EST Reads: 5,812
"A lot of times people will come to us and have a very diverse set of requirements or very customized need and we'll help them to implement it in a fashion that you can't just buy off of the shelf," explained Nick Rose, CTO of Enzu, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jan. 16, 2017 06:30 AM EST Reads: 4,473
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
Jan. 16, 2017 05:30 AM EST Reads: 1,067
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive ad...
Jan. 16, 2017 05:15 AM EST Reads: 1,494
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, introduced the technologies required for implementing these idea...
Jan. 16, 2017 04:30 AM EST Reads: 4,468
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
Jan. 16, 2017 04:00 AM EST Reads: 3,694
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Jan. 16, 2017 04:00 AM EST Reads: 5,249
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develop...
Jan. 16, 2017 03:30 AM EST Reads: 5,212
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
Jan. 16, 2017 03:30 AM EST Reads: 2,829
While not quite mainstream yet, WebRTC is starting to gain ground with Carriers, Enterprises and Independent Software Vendors (ISV’s) alike. WebRTC makes it easy for developers to add audio and video communications into their applications by using Web browsers as their platform. But like any market, every customer engagement has unique requirements, as well as constraints. And of course, one size does not fit all. In her session at WebRTC Summit, Dr. Natasha Tamaskar, Vice President, Head of C...
Jan. 16, 2017 03:15 AM EST Reads: 5,714
The idea behind this session is my blog post - 5 Logstash Alternatives - which is unfortunately too short to do the presented log shippers justice. In his session at @DevOpsSummit at 20th Cloud Expo, Radu Gheorghe, Software Engineer at Sematext Group, will talk more about the things that matter: kinds of buffers, protocols, ways of parsing, correlating and de-duplicating messages, as well as supported inputs and outputs. And of course performance. All this should let you know which log shipper...
Jan. 16, 2017 03:00 AM EST Reads: 1,190
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 16, 2017 03:00 AM EST Reads: 2,366
Who are you? How do you introduce yourself? Do you use a name, or do you greet a friend by the last four digits of his social security number? Assuming you don’t, why are we content to associate our identity with 10 random digits assigned by our phone company? Identity is an issue that affects everyone, but as individuals we don’t spend a lot of time thinking about it. In his session at @ThingsExpo, Ben Klang, Founder & President of Mojo Lingo, discussed the impact of technology on identity. Sho...
Jan. 16, 2017 02:30 AM EST Reads: 3,903
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed ...
Jan. 16, 2017 01:45 AM EST Reads: 6,136
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Jan. 16, 2017 01:45 AM EST Reads: 2,650