2012-05-09

SunSun Lighting Received $30 M for LED Investment

Chinese based LED Company SunSun Lighting has received $30 million in Series B financing from GSR Ventures and Oak Investment Partners and additional commitments from its original angel investors. Oak, a multi-stage venture capital firm, is leading the round. Allan Kwan, a China-based advisor for Oak, is joining the board of SunSun. SunSun Lighting eliminates the performance and cost trade-offs of current LED lighting technology by offering a complete LED system, including power electronics, housing, packaging, and optics. The company's patented P...
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France-based car maker Peugeot unveiled a new concept car, the Peugeot RCZ Vision, building on the company's 2009-2015 RCZ coupe - with a host of new technologies. The RCZ Vision, build on Stellantis' STLA One architecture, is an ele... READ MORE