Earlier this month, Finland-based light fixture manufacturing, Tunto Designs, took to equity crowdfunding platform, Invesdor, to raise €150,000 for growth.
Founded in 2004, Tunto Designs has become a manufacturer of wood design “luminaries.” Sharing details about its growing brand, the company stated:
“The company started manufacture of LED luminaires in 2011 owing to the interest sparked by numerous international awards; since then, the product portfolio has expanded to include five scalable product families. The Tunto brand has been developed in the long-term perspective, by participation in international fairs and industry events with impressive booths and active sales work targeted at recognised architect offices and high-level design stores. Currently, Central Europe is the primary market for Tunto. Tunto Design is an internationally protected trademark; the products are subject to design protection.”
The company revealed that its products are already being utilized in several international projects, including Monastery Grafrath in Germany, Finland’s Representation to the EU in Brussels, and Mercer Hotel Barcelona. The latest project is customized luminaires for the Töölö library.
“The luminaires by Tunto Design are customizable owing to their modularity. The innovative production methods developed by Tunto allow swift implementation and modification of new LED and OLED technologies, which means excellent profitability.”
During a recent interview with Invesdor, founder and CEO of Tunto Designs, Mikko Kärkkäinen, explained why he decided to use the crowdfunding method.
“Crowdfunding is an interesting and relatively new way of funding. Tunto Design’s products speak to people, and I believe that many people would like to be part of our success story and participate in bringing Finnish design to the global markets. With our know-how and networks, we are able to come up with interesting and groundbreaking lighting solutions.”
He then revealed why investors should consider investing in Tunto Design:
- “Tunto Design is already an internationally known company. Together we can build a globally strong and successful brand.”
- “With our collection and know-how, Tunto Design can carry out large-scale projects and is ready and willing to raise its market share on this sector.”
- “Tunto is a growing company and a trendsetter as a producer of wooden LED lights.”
Since its launch, Tunto Design’s campaign has successfully raised €63,000. It is set to close at the beginning of September.
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