Shimmer's flagship product, Stellar 3D Studio, is recognized by lighting designers, architects and engineers for pioneering a 'radical shift' in how complex lighting systems are planned, prototyped, and deployed. Shimmer's products can reduce a typical lighting project lifecycle by thousands of hours. Commercial lighting is a $105 billion industry including the rapidly growing smart lighting segment (18% CAGR thru 2030) driven by a massive upgrade cycle to meet new energy code compliance demands in-line with smart infrastructure. To ensure compliance with energy and green building regulations, Shimmer generates minute-by-minute energy consumption models that span up to one million LEDs, reducing energy usage by up to 85% while significantly lowering carbon emissions.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 08/26/21 | $2,000,000 | Seed |
VoLo Earth Ventures | undisclosed |
