Benny Landa’s lab grown diamond co LUSIX raises $90m

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Israeli lab-developed diamonds (LGD) producer LUSIX has introduced the completion of a $90 million funding spherical from LVMH Luxury Ventures, Ragnar Crossover Fund and Much more Investments.

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Rehovot-dependent LUSIX reported that it will use the money to develop generation capability in Israel with a second 100% solar-driven facility, which will commence generation this summer, as effectively as other initiatives. The new facility will empower LUSIX to provide rising all over the world demand from customers for LGD.

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