May 06, 2010

• Nualight raises €9m in latest funding round

Congratulations to our client, Nualight, who has just announced a successful funding round of €9.1m. We were retained by Nualight in 2007 to deliver a rebrand for the company prior to global scaling. Since then the company has achieved numerous success milestones including winning Europe’s largest contract in this emerging market.

Climate Change Capital Private Equity (“CPE”), a €200 million fund dedicated to investments in clean technology companies, led this funding round in Nualight Ltd., a leading manufacturer of LED lighting solutions to the retail sector. Nualight is based in Cork, Ireland.

Simon Drury, a CPE Partner, said: “Our due diligence showed that Nualight is a clear leader in developing the most effective lighting solutions for retailers, both in terms of energy efficiency and merchandising effects. With the company’s strong market position amongst display case manufacturers and retailers, and its high-quality management team, we are confident that the company will continue their growth as this market accelerates.”

We’re delighted to have worked closely with Nualight since 2007, delivering key projects including website, partner sales kits and inputting on global brand and marketing strategy.

Siobhan O'Dwyer - Strategy

siobhan@threesixty.ie