Nanoleaf

Toronto, Canada Founded: 2012 • Age: 14 yrs
Energy-efficient smart lightbulbs are developed by Nanoleaf.
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About Nanoleaf

Nanoleaf is a company based in Toronto (Canada) founded in 2012.. Nanoleaf has raised $2.9 million across 1 funding round from investors including Sustainable Development Technology Canada. The company has 94 employees as of December 31, 2024. Nanoleaf has completed 1 acquisition, including Maricann. Nanoleaf operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others.

  • Headquarter Toronto, Canada
  • Employees 94 as on 31 Dec, 2024
  • Sectors
    Business Services
    Energy & Utilities Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Business Services → Facility, Security & Field Operations
Energy & Utilities → Energy Storage & Efficiency
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2.9 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.9 M (USD), Series A

    Mar 08, 2016

  • Investors
  • Employee Count
    94

    as on Dec 31, 2024

  • Investments & Acquisitions
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People of Nanoleaf
Headcount 50-200
Employee Profiles 25
Employee Profiles
People
Mel Rojas
Operational Excellence Coordinator
People
Gimmy Chu
Co-founder / CEO
People
Tom Rodinger
Co-Founder & CTO
People
Christian Yan
Co-Founder & COO

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Funding Insights of Nanoleaf

Nanoleaf has successfully raised a total of $2.9M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.9 million completed in March 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $2.9M
  • First Round

    (08 Mar 2016)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2016 Amount Series A - Nanoleaf Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Nanoleaf

Nanoleaf has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Sustainable Development Technology Canada. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm focused on investing in clean tech sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Nanoleaf

Nanoleaf has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Maricann. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cannabis is cultivated and processed for medicinal product supply.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Nanoleaf

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nanoleaf Comparisons

Employees
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Competitors of Nanoleaf

Nanoleaf operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
IoT connectivity platform from prototype to production is developed.
domain founded_year HQ Location
Provider of smart thermostats for commercial and residential applications
domain founded_year HQ Location
Signify is recognized as a global leader in lighting solutions.
domain founded_year HQ Location
End-to-end energy management solutions are provided for utilities worldwide.
domain founded_year HQ Location
Smart panels for home energy management are provided by Span.IO.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nanoleaf

Frequently Asked Questions about Nanoleaf

When was Nanoleaf founded?

Nanoleaf was founded in 2012 and raised its 1st funding round 4 years after it was founded.

Where is Nanoleaf located?

Nanoleaf is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Is Nanoleaf a funded company?

Nanoleaf is a funded company, having raised a total of $2.9M across 1 funding round to date. The company's 1st funding round was a Series A of $2.9M, raised on Mar 08, 2016.

How many employees does Nanoleaf have?

As of Dec 31, 2024, the latest employee count at Nanoleaf is 94.

What does Nanoleaf do?

Nanoleaf was founded in 2012 in Toronto, Canada, and operates within the consumer electronics sector focused on lighting solutions. Energy-efficient lightbulbs are produced, featuring smart capabilities that allow adjustment through a standard power switch without requiring Wi-Fi connectivity or smartphone integration. LED technology is employed in these bulbs to enhance brightness levels while minimizing power usage and thermal waste. Distribution occurs primarily through online channels via the domain nanoleaf.me.

Who are the top competitors of Nanoleaf?

Nanoleaf's top competitors include ecobee, Particle and Landis+Gyr.

How many acquisitions has Nanoleaf made?

Nanoleaf has made 1 acquisition, including Maricann.

Who are Nanoleaf's investors?

Nanoleaf has 1 investor. Key investors include Sustainable Development Technology Canada.

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