Benny Landa’s lab grown diamond co LUSIX raises $90m
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Israeli lab-grown diamonds (LGD) producer LUSIX has declared the completion of a $90 million funding spherical from LVMH Luxurious Ventures, Ragnar Crossover Fund and Far more Investments.

Rehovot-centered LUSIX claimed that it will use the funds to extend creation potential in Israel with a next 100% solar-run facility, which will begin creation this summer time, as effectively as other initiatives. The new facility will enable LUSIX to provide climbing worldwide need for LGD.




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LUSIX was established by serial entrepreneur and inventor Benny Landa, inside Landa Labs, the science innovation and incubation system of the Landa Team. LUSIX was spun-off in 2016 as a separate organization all over cofounder and CTO Dr. Yossi Yayon.

Over the a long time, LUSIX has turn into a earth leader in the diamond rising system and its innovation and sustainability.

Landa, mentioned: “We are thrilled and proud to welcome these kinds of superior-profile traders, most notably LVMH Luxury Ventures, bringing their monetary help and important field insights. Their enable will add tremendously to our company’s accomplishment when the implications of this expenditure, both of those for LUSIX and for the lab-grown diamond segment, are profound – and so fascinating!”

Published by Globes, Israel company news – en.globes.co.il – on June 10, 2022.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2022.


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