Margik develops PIXIE, a lighting solution that utilizes organic light-emitting diode (OLED) technology, a sustainable organic battery, and flexible recyclable circuitry to provide efficient illumination for indoor and outdoor spaces. This technology reduces CO2 emissions by 66% and ensures 100% recyclability, addressing the environmental impact of traditional lighting systems.
Funding
$210K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional lighting solutions, such as LEDs, often rely on non-sustainable materials and energy-intensive manufacturing processes, contributing to environmental pollution and carbon emissions. The disposal of these lighting systems also poses a challenge due to the presence of toxic materials and limited recyclability.
Solution
Margik addresses these issues with PIXIE, a lighting technology that utilizes organic light-emitting diodes (OLEDs), a sustainable organic battery, and flexible, recyclable circuitry. PIXIE's design and materials reduce CO2 emissions during production and ensure complete recyclability at the end of its life. The company's novel encapsulation methods also enhance the durability and longevity of the lighting solution. By integrating cutting-edge components, PIXIE provides efficient illumination for both indoor and outdoor spaces while minimizing environmental impact.
Target Audience
Margik's primary customers include businesses and consumers seeking environmentally friendly and sustainable lighting solutions for indoor and outdoor applications.
Features
- Employs organic light-emitting diode (OLED) technology for efficient and sustainable lighting.
- Features a sustainable organic battery for energy storage.
- Utilizes flexible and recyclable circuitry to minimize environmental impact.
- Achieves a 66% reduction in CO2 emissions compared to traditional OLED technology.
- Offers 100% recyclability of the lighting system components.
- Novel encapsulation enhances the durability of the lighting solution.
- Production speed increased by 80% compared to traditional OLED technology.
- Brightness increased by 11% compared to traditional OLED technology.