Tech Company Financing Transactions
Luminescent Power Funding Round
Luminescent Power, based in Tel Aviv-Yafo, secured $7 million from Extantia Capital and Grove Ventures.
Transaction Overview
Company Name
Announced On
12/19/2022
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Seed
Investors
Extantia Capital (Yair Reem)
Grove Ventures (Lior Handelsman)
Proceeds Purpose
The company intends to use the funds to bring its solution to market.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Yitzhak Sadeh Street 8
Tel Aviv-Yafo, Undisclosed
IL
Tel Aviv-Yafo, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
Luminescent Power was founded in 2020 with a vision of generating zero-emission electricity from any source of waste heat, efficiently and cost-effectively. Headquartered in Israel and led by a diverse team of renewable energy experts, combining academia, business and technology leadership, Luminescent Power is introducing to the world the first liquid-based isothermal engine for efficient, economical waste heat upcycling.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Lior Handelsman
Chief Executive Officer
Doron Tamir
Chief Technical Officer
Carmel Rotschild
VP - Engineering
Erez Klein
VP - Product Management
Tomer Stern
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