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Smart lighting brand Yeelight gets Series C+ funding

COLDSKY.CN – Last year I bought a smart light bulb that allows me to easily change the colour with cellphone. My son was only interested in it for hours and then I don’t know even where the expensive bulb is now. But it’s still a market under the smart home drive, perhaps more for space in need of stylish environment settings. 

Smart lighting brand Yeelight, by Qingdao-based startup Yeelink, has completed the C+ fund raising from Goldstone and China Everbright.  The money will be used for R&D of new materials and products, marketing channels and service network. 

Yeelight products include ceiling lights,  desk lamps , ambiance lights and smart lighting solutions. We have shipped over 11 million products worldwide, covering over 100 countries and regions in the world. By 2018, its app had nearly 3 million users. 

Yeelight said it is committed to build a high-quality lighting environment and enable more people to enjoy the fun and convenience of smart lighting.

Our products are compatible with and other major IoT smart platforms in the globe.

Yeelight‘s two-pronged development strategy is to be part of ecological chain of industry leaders like Apple HomeKit, Google Assistant, Amazon Alexa, Xiaomi Mijia, and also seek cooperation with home decoration design companies, to offer customized lighting solutions.  

 The smart lighting market is worth over $23 billion by 2025 amid the increasing adoption of LED lamps and the proliferation of IoT devices, according to Global Market Insights.

Contact the author on WeChat: ukingsun

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