Announced
Completed
Financials
Sources
Tags
lab-grown diamonds
Private
Cross Border
Israel
Completed
Minority
Venture Capital
Private Equity
Diamonds and Gemstones
Friendly
Acquisition
Synopsis
LVMH Luxury Ventures, a venture arm of LVMH, Ragnar Crossover Fund, a pre-IPO fund, and More Investments, a public investment house, led a $90m investment in LUSIX, a producer of lab-grown diamonds. “We are thrilled and proud to welcome such high-profile investors, most notably LVMH Luxury Ventures, bringing their financial support and valuable industry insights. Their help will contribute greatly to our company’s success while the implications of this investment, both for LUSIX and for the lab-grown diamond segment, are profound – and so exciting!” Benny Landa, LUSIX Founder and Chairman.
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