Israel Smart Lighting Company Juganu Announces US$23 Million Fund

Juganu, an Israeli company developing and manufacturing innovative LED lighting systems, announced the completion of a financing round, led by Viola Growth, totaling about US$23 million. Other investors include OurCrowd and a Mexican investment fund.

Juganu integrates LED lighting technology, sensors and infrastructure with AI, building a proprietary "Digital World" technology in cooperation with software and hardware technology market leaders. The company provides a response for communications and services challenges in public and commercial spaces.

(Image: Juganu)

One of Juganu's closest strategic collaborations over the past five years has been with Qualcomm. This cooperation allows Juganu to embed its "Digital World" solution in cities and public spaces and in effect to transform every space in which Juganu's technology is embedded into an IT enterprise infrastructure, serving numerous apps and applications.

Through simple and swift implementation, the technology developed by Juganu, allows every public network to make accessible and to launch applications and apps such as AI, urban support for smart cars and traffic control, advanced security and rescue applications, modern municipal services, full real-time monitoring of infrastructures, and full IoT connectivity required by public administrations today.

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