Vireo Ventures and BitStone Capital co-led a seven-figure investment in German startup Lichtwart to enhance outdoor lighting efficiency, targeting significant international growth.

Target Information

Lichtwart is a German startup founded by Gregor Giataganas, Johannes Mailänder, and Jackson Bond. The company focuses on revolutionizing the management of outdoor lighting installations for businesses, aiming to enhance energy efficiency and ease of maintenance.

The founders are committed to reducing operational costs, improving environmental, social, and governance (ESG) metrics, and addressing the critical issue of light pollution. Their innovative approach positions Lichtwart as a forward-thinking player in the lighting industry.

Industry Overview

The demand for energy-efficient lighting solutions is surging globally, with significant interest in sustainable practices across various sec