LightnTec GmbH
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LightnTec GmbH - overview
Established
2016
Location
Karlsruhe, -, Germany
Primary Industry
Electronics
About
LightnTec GmbH specializes in high-performance LED display solutions, designing innovative products that enhance visual engagement in various environments, including retail and advertising sectors. Founded in 2016 in Karlsruhe, Germany, LightnTec GmbH focuses on producing advanced LED display technologies. The company's CEO, Florian Kall, leads the firm in its mission to provide customizable display solutions. LightnTec has executed 2 deals, with the most recent funding round occurring in October 2019.
LightnTec specializes in the design and production of high-performance LED displays, particularly their flagship product, the ledTec. flex. This innovative offering consists of ultra-thin, ultra-light, and bright foil monitors that can be manufactured from rolls, making them highly flexible and adaptable for various applications. These displays are engineered for both indoor and outdoor usage, enabling users to showcase videos and dynamic content on ceilings, walls, and facades in any size or form.
The ledTec. flex is designed to enhance customer engagement by providing automated, personalized, and real-time solutions for directing, informing, and entertaining audiences. LightnTec serves a diverse clientele across multiple geographical markets, including Europe, North America, and Asia, catering to sectors such as advertising, event production, retail, and public displays. LightnTec's revenue generation is primarily derived from B2B transactions, where they supply their advanced LED display solutions to businesses and organizations.
The company engages in direct sales to clients, potentially establishing long-term partnerships for large-scale projects, particularly in the fields of digital out-of-home (DOOH) advertising and dynamic environmental installations. Transactions typically involve customized solutions tailored to specific client needs, including installation and support services. Pricing structures may vary based on the complexity and scale of the projects, along with specific product offerings, such as the ledTec. flex series, which encompasses various display types, including P5, P8, P16, and P32 formats.
This multi-tiered pricing strategy enables clients to choose solutions that align with their budget and functional requirements, thereby fostering a robust commercial relationship. LightnTec plans to utilize the recent grant funding from Horizon 2020, received in October 2019, to support the development of new products and expand its market presence. The company is focused on launching new display technologies designed to enhance user interaction and engagement. Additionally, LightnTec aims to penetrate new geographic regions in Asia and North America by 2023, ensuring an increased footprint in relevant sectors.
Current Investors
High-Tech Gruenderfonds, D11Z.Ventures, Horizon 2020
Primary Industry
Electronics
Sub Industries
Solid State Lighting (SSL)
Website
www.lightntec.com
Verticals
Artificial Intelligence
Company Stage
Angel & Seed
Total Amount Raised
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