With the support of the Dongguan government, Light Polymers and TICD setup two joint ventures in Songshan Lake District

By October 3, 2017 No Comments

Light Polymers is a Silicon Valley based nanochemistry startup developing technology based on lyotropic materials which can be used in smartphones, LED lighting, building materials and other industries. Light Polymers recently signed two joint venture agreements with Tsinghua Innovation Center in Dongguan (TICD) which is supported by the Government of Dongguan and Songshan Lake District.

Dongguan is a prefecture-level city in the central Guangdong Province of South China, located north of Hong Kong. Dongguan has long been a significant manufacturing center in China and home to major multinational manufacturers. On a recent Saturday, a large contingent of officials from the city of Dongguan, including the Mayor of Dongguan, were visiting Silicon Valley to build additional relationships and links to Silicon Valley based companies. Marc McConnaughey, President/CEO of Light Polymers officially signed the joint venture agreements with Mr. Yan, head of TICD, during this visit.

Since the investment by Tsingda Venture Capital Investment, both of these joint ventures have been under negotiation and recently concluded,” said Marc McConnaughey, President/CEO of Light Polymers. “Now with the support of the Dongguan government, Light Polymers and TICD will begin the registration and setup of these two joint ventures in Songshan Lake District.

Light Polymers is delivering cutting-edge products to the lighting industry from home and office lighting to professional horticultural lighting products. With Crystallin® consumer lighting and GrowBlade™ professional horticultural lights, Light Polymers provides innovative products for home, office and specialty lighting with Crystallin downlights. GrowBlade lights provide quality, high-efficiency lighting for vertical farms and other indoor growing operations. The GrowBlade lights, which are in beta testing now and will become available in early 2018, will provide lower initial purchase costs for installation and significant operating cost savings for commercial growing operation. Energy efficient products like GrowBlade and Crystallin Downlights are poised to be significant market players. Check out our Crystallin Lighting page!