Wellington Financial leads new growth capital financing for Atlanta-based NanoLumens

News of our final transaction for 2014 was just released. This time, it was a growth capital round for Atlanta-based NanoLumens. Whether you live in Boston, Hawaii, New York, Sao Paulo, Toronto or Thackerville, Oklahoma, you can get a glimpse of the different ways that the world’s leader for visualization solutions is helping institutions and companies market their wares and engage with the public.

Our US$5 million round was joined by another US$8.3 million in new equity raised from Canadian institutional investors and NanoLumens’ existing shareholders. Euro Pacific Canada Inc. served as the exclusive agent.

We were impressed with what NanoLumens CEO Rick Cope and his team had accomplished to date (year-over-year sales growth is astounding), and the new round of funding will be used to accelerate the company’s strategic business and technology development programs. The technology that forms the backbone of Rick’s various products was originally developed at McMaster University, here in Ontario.

NanoLumens’ current clients include a broad range of marketers covering the fields of broadcast, casinos, control rooms, convention centers, DOOH, higher education, hospitality, retail, stadiums, and transportation including AIG, Bally’s, CBS Outdoor, CCTV, CNN, Charles Schwab, Coca Cola, Delta Airlines, Estee Lauder, ESPN, GTE Financial, Holt-Renfrew, Invesco, Macy’s, Nike, Terra, Turner, Universal Studios Florida, Uniqlo, and the new World Trade Center Freedom Tower, among many others.

MRM