Lusix

Lusix

Grows and produces lab-grown diamonds for the gemstone market. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€327—491m (Dealroom.co estimates Jun 2022.)
Company register number 515374742
Rehovot Center District (HQ)
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DateInvestorsAmountRound
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N/A

Spinout
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$45.0m

Growth Equity VC
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$90.0m

Series B
Total Funding€123m

Recent News about Lusix

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More about Lusix
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Lusix is an innovative startup that specializes in the production of lab-grown diamonds using proprietary technology developed by leading Israeli scientists over the past eight years. The company serves luxury brands and other businesses in the diamond industry, operating in the growing market of lab-grown diamonds.

Lusix's business model is based on the design, construction, and operation of their own diamond growing machines. The company's unique selling proposition is their commitment to sustainability. Their diamonds, branded as LUSIX Sun Grown Diamonds™, are the first lab-grown diamonds to be certified as 100% solar powered, which significantly reduces harmful emissions. This commitment to sustainability has earned them accreditation from SCS Global Services, a third-party sustainability verification authority.

The company generates revenue by selling their high-quality, high-yield diamonds to leading companies in the diamond industry. They also offer partnership opportunities, providing full collaboration and transparency from their R&D and Gemology departments. This allows their partners to benefit from Lusix's experience and know-how, giving them a competitive edge in the market.

Lusix is a subsidiary of the LANDA GROUP, which provides them with a team of 1,600 scientists and engineers. This backing allows Lusix to maintain a high level of innovation and quality in their diamond production.

Keywords: Lab-grown diamonds, Sustainability, Solar power, Luxury brands, Diamond industry, Proprietary technology, Israeli scientists, Partnership, LANDA GROUP, High-quality diamonds.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.