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

Rehovot-primarily based LUSIX claimed that it will use the resources to broaden production ability in Israel with a next 100% solar-powered facility, which will begin production this summertime, as well as other initiatives. The new facility will enable LUSIX to serve rising worldwide desire for LGD.




Linked Article content




Landa Digital Printing raises $300m



Landa’s GenCell set for $60m TASE IPO







LUSIX was launched by serial entrepreneur and inventor Benny Landa, inside Landa Labs, the science innovation and incubation system of the Landa Group. LUSIX was spun-off in 2016 as a separate company close to cofounder and CTO Dr. Yossi Yayon.

Around the many years, LUSIX has turn into a entire world chief in the diamond rising course of action and its innovation and sustainability.

Landa, reported: “We are thrilled and proud to welcome such large-profile buyers, most notably LVMH Luxury Ventures, bringing their money assist and useful industry insights. Their assistance will lead tremendously to our company’s achievement though the implications of this expenditure, both for LUSIX and for the lab-grown diamond phase, are profound – and so enjoyable!”

Printed by Globes, Israel company information – en.globes.co.il – on June 10, 2022.

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


