Nicslab, a California-based optics company, received $1 million state investment after winning Company of the Year during the 2024 Luminate Finals.
— A California-based company has been selected as the big winner of the seventh round of Luminate's startup accelerator program., an international optics design company in Silicon Valley, will receive a $1 million investment from New York State after winning the "Company of the Year" award Thursday at the 2024 Luminate Finals, held at The Theater at Innovation Square.“Rochester is the heart of the optics and photonics world,” said Andri Mahendra, founder and CEO of Nicslab.
Five other companies were awarded funding at Thursday's event, which marked the completion of the seventh year of Luminate's accelerator program. Since its inception in 2017, Luminate has invested more than $18 million in more than 70 startup companies in"Luminate has helped us a lot — not only in the business operation," Mahendra said. " help us accelerate what we need to do with our next expansion, and help us develop a more solid team that can help our development