Enlighting Technologies SL

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Enlighting Technologies SL - overview

Established

2017

Location

Barcelona, -, Spain

Primary Industry

Electronics

About

Enlighting Technologies SL focuses on developing advanced lighting solutions that enhance energy efficiency and operational performance through intelligent LED systems tailored for various environments. Enlighting Technologies SL, founded in 2017 in Barcelona, Spain, specializes in innovative lighting solutions. The company has completed three deals with its most recent funding round in February 2023, raising EUR 500,000 from BeAble Capital. CEO Javier Borrell leads the team, which has shown a commitment to expanding the reach of their products in the lighting sector.


Enlighting Tech specializes in advanced lighting solutions that leverage cutting-edge technology to enhance energy efficiency and operational performance. Their core product line includes intelligent LED lighting systems designed for various applications, including commercial, industrial, and residential environments. These products feature smart controls that allow for automated adjustments based on ambient light conditions and occupancy, ultimately reducing energy consumption and costs for end users. The company serves a diverse client base that includes large-scale retailers, manufacturing facilities, and urban residential developments, primarily in North America and Europe.


Their solutions address the growing demand for sustainable and customizable lighting options that improve user experience and contribute to green building initiatives. In 2023, Enlighting Tech reported a revenue of EUR 41,168. 70 with a negative EBITDA of EUR 189,458. 50.


Revenue generation is predominantly driven through B2B transactions, with clients purchasing their flagship intelligent LED lighting systems directly or through strategic partnerships with distributors and retailers. Transactions typically involve bulk orders, with customers benefiting from tiered pricing models based on order volume. Clients may also engage in subscription-based services for maintenance and software updates related to the smart control systems. The company's structured pricing plans are designed to cater to both large enterprises and smaller businesses, ensuring accessibility across different market segments.


Following the recent funding round on February 17, 2023, where Enlighting Technologies SL raised EUR 500,000, the company plans to invest in the development and launch of new lighting products targeting the European and North American markets. Specific release dates have not been disclosed, but the funding will support these initiatives and assist in scaling operations to meet anticipated demand.


Current Investors

BeAble Capital

Primary Industry

Electronics

Sub Industries

Solid State Lighting (SSL)

Website

www.enlighting-tech.com

Company Stage

Angel & Seed

Total Amount Raised

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Enlighting Technologies SL - timeline of key events

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Enlighting Technologies SL - financials

Fiscal Year EndedDec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)-------
% Revenue Growth (YoY)-------
EBITDA (USD)(5,386.1)(11,751.5)(127,828.1)(71,520.3)---
Operating Income (USD)(5,418.3)(12,125.9)(128,542.4)(72,577.9)---
Operating Margin-------
% EBITDA Margin-------
NET Income (USD)(4,063.7)17,181.6(122,682.9)(55,083.8)---
% Net Margin-------

Enlighting Technologies SL - employee data

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