In last week's innovation and job news, we told you about
NanoLight, a new lightbulb spearheaded by three University of Toronto graduates. At the time of the article, the trio had recently launched their
Kickstarter campaign with hopes of raising $20,000 to fund what they promise to be the most energy efficient light bulb ever made. Now, one week later and still with time to go, the group has raised more than $235,000 in pledges and counting.
An article in Inquisitr reports on the NanoLight's early success. At the time of the article, 4,700 people had backed the project (it has since grown closer to 5,000). Kickstarter works by allowing anyone to help fund a project, usually for an incentive. For $30, backers both support the project and will also receive one 10 watt NanoLight, equivalent to a 75 watt bulb. Many of the group's packages have already sold out.
Gimmy Chu, one of the NanoLight's founders, told Yonge Street that each NanoLight provides 30,000 hours of illumination.
The light bulbs are expected to begin shipping in May. Following this, the team will begin working on additional highly efficient light bulbs.
Read the full article
here.
Read the Yonge Street interview
here.
Original Source: Inquisitr