LumiGrow, Inc.,the provider of LED lighting solutions for horticulture, has received an undisclosed sum in Series A financing from Clean Pacific Ventures, to accelerate the market expansion of energy-efficient LumiGrow® lighting solutions for commercial agriculture and horticultural research.

Clean Pacific Ventures' General Partner and Chief Investment Officer Sean Schickedanz will join LumiGrow's Board of Directors.

Generally, greenhouse growers supplement sunlight with high-intensity discharge  lighting to boost crop growth and extend growing seasons. Due to traditional lighting fixtures were designed for general illumination, most of the light they produce is unusable for photosynthesis; the rest is energy waste.

LumiGrow LED lighting systems consume 50 percent less energy than the outmoded lighting fixtures they replace because they emit only the color spectrum essential for photosynthesis and healthy plant growth. Energy bill savings, utility subsidies and financing options frequently make a LumiGrow installation a cash-positive or cash-neutral investment that provides substantial savings, year after year.

According to Mr. Schickedanz, "Agriculture hasn't seen a breakthrough this exciting in decades. More and more of our crops are grown in illuminated greenhouses, yet legacy lighting technologies frequently cost more to operate than they contribute to the bottom line in yield gains. Growers are moving quickly to replace these inefficient lighting fixtures with LumiGrow solutions to improve yield and cut electrical expenses. It's because of this no-compromise value proposition that LumiGrow is rapidly emerging as the clear leader in a market segment on the brink of exponential growth."