LumenCache

Adding intelligence to the last 1000 ft of power distribution.

Raising $1,370,000
(

You can request access to view the full terms of this fundraise.

Request Access

Quick Pitch

The greentech wave radically changed the power format of modern devices.  The 130 year old Alternating Current standard is now hampering advancements and Direct Current standards are emerging to solve the challenges.  DC power in buildings is expected to grow from $700M in 2015 to $9B in 5 years.

Moving away from the old AC standard opens up new opportunities for powering our digital electronic devices.  Digital electronics devices include LED lighting and even ceiling fans with advanced and efficient DC motors.  With this new power opportunity, we can also add reliable communications over structured wiring, enabling advanced automation and controls at a lower cost than traditional “heavy bus topology” wiring.

LumenCache adds intelligence to the last 1000-feet of power distribution.

Beyond the resource savings, improved reliability, and high efficiency facets, LumenCache technology provides a controlled power and communications platform that is also safer than the old 120/240VAC standards.  Just as anyone can safely plug in a Power Over Ethernet data wire, the LumenCache nanogrid applies factory-level quality control to field installed devices.  This simplifies the construction and safety codes and also reduces the incidences of dangerous failures.

An open gateway using popular IoT technologies allows secure communication to multiple applications that go beyond home automation and controls.  The smart utility grid can use Automated Demand Response to request LumenCache consume power from its local battery buffers, preventing grid failures while having zero impact on the occupants.  Time of Use billing clients can draw power only during off-peak grid times and use their batteries during peak times.  Energy rating and rebate programs can use real-time performance metrics to reward efficient behaviors instead of speculating on savings.

Reliable, Sustainable, Resilient, Tech-friendly, and Safe energy from a free fuel supply.  This sounds like the type of competitive advantage and planet-preserving technologies everyone is seeking.  With $4T worldwide annual construction spending, the LumenCache market potential is between $200M-$1B annually.

With over $500,000 sold to early adopters and systems operating since 2011, we have shaken the bugs out of the product and are ready to scale to the market as quickly as funds will allow growth.  With over $12M in the sales pipeline for 2015 we are seeking $1,370,000 to fund operations growth and improves our ability to scale further.

Why start with LED Lighting?

LED stands for "light emitting diode," a type of printed circuit board that emits high quantities of light. A diode is a semiconductor material with two terminals which conduct the electricity only in one direction.  These devices are very different from the lightbulb Edison invented over 100 years ago.  They are DC-powereed electronic devices just like radios, televisions, cell-phones, and computers.

They are also incredibly efficient.  Current LEDs use less than 8% of the energy of traditional lighting.  It takes so little current to power them, a thin data wire is sufficent to carry all the energy they need to produce full, rich, beauful, and very bright light.

The LumenCache Lighting System

LED Drivers maintain the constant current that LED array chips require to operate.  They also provide dimming.  Using a plain old Cat5 wire with RJ45 connectors, we connect these LED driver to the LumenCache light fixtures.

Our LumenCache light fixtures have no driver electronics inside so there is no need for complex heat sinks or housings to address dangerous 120 volt AC power levels.

There is also an AC/DC converter that charges the battery which can power over 96 lights and makes power outages and blackouts a thing of the past.

Technology Potential

Allowing gateway developers to make User Interfaces, many products and services can be developed in parallel that reside over the standard data bus (the only proprietary piece).  Qualcomm has asked team members to review the LumenCache platform for data communication use cases over the LED lights.

This community collaborative approach is “steered” by the core technologies but allows parallel development and a buy-in from the fixture and accessory manufacturers.

When you break away from the constraints of the AC power source for LED lighting, many new opportunities open up.

Project Gallery


Forest City Enterprises Wellness Center

Forest City Enterprises currently has $6B in multi-dwelling unit (MDU) construction underway and identified LumenCache as a key technology for their business.  Investment today will complete development of the core Epoch components they need to start deploying in their properties.

 



Scott & Emma Dixon

In addition to being a three-time IndyCar champ, Scott and Emma Dixon understand investments, technology, and design.  They chose LumenCache for their new home in Indianapolis.  While a majority of the lights far exceeded their expectations for lighting and controls, Emma had concerns with the bulb options.  Like any emerging technology, the available options for filament style light bulbs were relatively limited and compounded by the transition to LEDs.  Thankfully, LED bulb manufacturers have an easier time making small DC-DC LED drivers.  Some of the investment funds will be used to "prime the bulb partner pump" and produce the order MOQs required for the attention of Tier 1 manufacturers.

 

Convivio Center

Nonprofit organizations have to watch their budgets so they can return the most to the causes they support. With California energy costs, keeping the monthly power bill low is important. However, visitors must be able to see all the displays, vendors, and events for this space to be attractive.

Winnelson Showroom

Follow this project profile from August 7th to the mid-November 2012 completion. Client: Indianapolis Winnelson Supply Architect/Designer: Phanomen Design Location: 340 Transfer Dr Ste B, Indianapolis, IN 46214

Two phase construction, no phase lighting

When the owners of this lakeside home in Columbus Indiana heard about LumenCache, they had to have it. This is actually the very first home to select LumenCache LED lighting but will be the fourth one to get the system installed.

Near Net Zero Home in Noblesville, IN

3700-sqft single story residence with a full basement was designed and built in just 5 months. Owners wanted a high-performance, yet ultra low operating cost home they can retire into, yet would fit into the covenants of an average Midwest neighborhood (harder that it sounds).

Luxury Townhome downtown Indianapolis

Three floor townhome overlooking North Pennsylvania Street is right in the middle of Indianapolis action. The owner was attracted to the energy saving and unique fixture capability of LumenCache. Over 82 LED lights are fed from just two lighting panels, one on each floor in conveniently located closets.

Saint George Antiochian Orthodox Church

Stunning beauty inside and out.

The Business Plan area is locked. You must Request Access to this company to see more information including the Business Plan.


Request Access

N

No updates yet.




%

No backers yet.




Quick Signup TBD

You must have an account to do this!


the startups.com platform

Copyright © 2019 Startups.com. All rights reserved.

Fundable is a software as a service funding platform. Fundable is not a registered broker-dealer and does not offer investment advice or advise on the raising of capital through securities offerings. Fundable does not recommend or otherwise suggest that any investor make an investment in a particular company, or that any company offer securities to a particular investor. Fundable takes no part in the negotiation or execution of transactions for the purchase or sale of securities, and at no time has possession of funds or securities. No securities transactions are executed or negotiated on or through the Fundable platform. Fundable receives no compensation in connection with the purchase or sale of securities.