After noting OIDA’s forecast for rapid market growth for solid state lighting, I could not help noticing several recent reports of venture capital investments in the solid state lighting arena. Dealbook and Greentech Media both report on investment in LED Lighting Fixtures by Digital Power Capital. Moreover, Forbes have reported on investments in Ottawa-based Group IV Semiconductor by the Business Development Bank of Canada, Vinod Khosla’s new venture capital firm, Khosla Ventures, and most recently Montreal-based Garage Technology Ventures and Applied Materials subsidiary Applied Ventures LLC.
Solid state lighting (SSL) is just beginning to impact the market, and new SSL developments including organic LED and silicon-based light emitting schemes are being proposed for general illumination. Investors are continuing to turn to the emerging solid state lighting area for investment opportunities. Expect the pace of these investments to ramp up and the number of new opportunities to swell as investors seek high growth prospects.
