Gothenburg, Sweden
June 9, 2014
Heliospectra, a world leader within intelligent lighting technology for plant research and greenhouse cultivation, which is being listed on the Nasdaq OMX First North on 18 June, is one of the eight carefully selected Swedish companies taking part in this year's Swedish Cleantech Tour, travelling to London, Zürich and Boston.
The hand-picked Swedish companies, identified as Sweden's most innovative within environmental technology, will meet international investors and industry stakeholders. The goal is to eventually contribute toward solving global environmental challenges.
The tour is being arranged for the second time by the business incubators STING (Stockholm Innovation & Growth) and LEAD (LiU Entrepreneurship and Development) after being launched successfully in 2013.
"The Swedish Cleantech Tour is a great opportunity for Heliospectra to prove itself internationally. After a successful share issue and to coincide with the planned listing, we are now undertaking a major international marketing campaign so this forum is ideal for us. To be one of the selected companies is also a major acknowledgement of Heliospectra's business concept and that we can actually contribute to better food, reduced transport, lower energy consumption and so on, thereby reducing the negative environmental impact," says Staffan Hillberg, CEO at Heliospectra.
At the end of May, Heliospectra launched its new patented LX60 lighting system, which is more efficient, greener and cheaper compared to earlier products. According to Heliospectra's calculations, the LX60 generates almost 50 per cent more light on the plants compared with the predecessor, L4A. The company has also managed to lower the weight from 13 kg to 8 kg.
"We really have the wind in our sails now. The level of interest in LX60 is huge, both nationally and internationally. Our share issue was over subscribed and the tremendous interest has enabled an additional private placement to qualified investors totalling a further SEK 18.2 m, approximately. Altogether, this has resulted in overall issued capital of around SEK 40.9," says Staffan Hillberg.
Other participating companies in the Swedish Cleantech Tour 2014:
Arsizio - licenses dynamic and cost-effective 3D extrusion, a globally patented production method. CorPower Ocean - developing a new type of highly efficient tidal power at a lower energy price.
DP Patterning - manufactures environmentally-friendly specialist presses for flexible printed circuit boards and antennas. Ecofective - offers an IT-based solution that optimises existing heating systems in buildings.
Exeger - developing the next generation of solar cells with greater efficiency. Minesto - offers a technology to produce electricity from tidal waters and ocean currents.
Watty- develops products to create energy savings in homes and buildings.
Heliospectra was founded in 2006 and specialises in intelligent lighting technologies for plant research and greenhouse cultivation. Heliospectra's products are based on a deep knowledge of plant physiology and photosynthesis combined with a unique way of using state-of-the-art LED technology. After six years of development in Sweden, the company is now venturing into the international marketplace. The company has raised more than 9.7 million dollars in risk capital and has received more than 2.6 million dollars through academic scholarships. It has also won several awards for its forward-thinking technology
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