Bridgelux
is focused on supplying unique LED based arrays which are compelling in their
high performance and low cost. They will enable the transition from
traditional lighting to Solid State Lighting (SSL).
Chrysalix
take: Richard MacKellar
1.
What is the insight that led to Chrysalix investing?
Bridgelux
is one of a very eclectic group of companies that has the talent to produce
world class epi for high performance LEDs. They have gone beyond any in the
industry in integrating epi-design with the downstream die and light engines
required to create the light source used in bulbs and light fixtures. This
unique combination has not only led to the lowest cost per lumen of any
supplier in the industry, but also a luminance and color consistency that is
second to none.
2.
What is the company’s biggest strength?
The
company has a strong management team with technical and marketing experience
second to none. They combine world class design and manufacturing to produce
the highest performance, lowest cost products in the industry. Their sustainable
approach to constant product improvement will continuously drive down cost
while enhancing performance, and has produced a strong and growing patent
portfolio
3.
What is the implication of this company being successful?
20%
of energy costs today come in the form of lighting. The transition to SSL will
cut out 70% of the energy we use for lighting. Bridgelux being successful will
create a billion dollar company.
