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Excelitas PCO GmbH - PCO.Edge 11-24 BIO LB

Osram Licht Acquires Agrilution Stake

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MUNICH, May 23, 2017 — Lighting developer Osram Licht AG has acquired a stake in Agrilution GmbH, a developer of an LED-based plant-growing home appliance. The lighting group holds a strategic minority interest in the company via its venture capital arm Fluxunit. The startup has developed a smart indoor growing box, the plantCube, that serves as a salad, vegetable and herb garden for the home. Even users without any gardening expertise are now able to greatly increase yield due to a specially optimized LED technology and other innovations. For horticultural applications, Osram supplies specially...Read full article

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    Published: May 2017
    BusinessOsram LichtArgilutionLEDslightingacquisitionsAmericasLight SourcesBiophotonics

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