Lusix
Lusix Technologies develops single-crystal diamond materials for thermal management in high-power electronics and emerging computing architectures, serving electronics manufacturers, research institutions, and system developers through a B2B enterprise model.
- Company typePrivate
- Founded2016
- HeadquartersRehovot, Israel
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Lusix does
Lusix Technologies Ltd. is an Israel-based deep-tech materials company founded in 2016 and headquartered in Rehovot. Originally positioned in the lab-grown diamond market, the company has pivoted to develop single-crystal diamond materials engineered for advanced technology applications, with an initial focus on thermal management for high-power electronics and emerging computing architectures. The company's core product is its gROW Diamond platform, which encompasses proprietary diamond growth, processing, and formatting capabilities designed for real-world integration into electronic systems. The technology leverages diamond's exceptional thermal conductivity and stability under extreme conditions to address heat dissipation bottlenecks in high-power density electronics, data center hardware, and next-generation computing systems.
Lusix applies an "Application Driven Development" approach that aligns material capabilities with practical system constraints, working with industry partners, research institutions, and system developers to co-develop integration-ready diamond formats. The company operates a B2B enterprise field sales motion, targeting high-power electronics manufacturers as the primary segment, with secondary segments in academic and private research institutions and next-generation system developers. Revenue is generated through direct sales of engineered diamond materials and through research and development partnerships; pricing is not publicly disclosed.
The company has raised approximately $135 million across two 2022 funding rounds, including a $90 million Series B led by LVMH Luxury Ventures, More Investment House, and Ragnar. Founder Yossi Yayon serves as CTO. The platform is designed to enable additional deep-tech applications beyond thermal management over time, including potential expansion into adjacent diamond-enabled use cases in advanced electronics and computing.
Lusix firmographics
Firmographics- Name
- Lusix
- Legal name
- Lusix Technologies Ltd.
- Website
- https://lusix.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Lusix Technologies develops single-crystal diamond materials for thermal management in high-power electronics and emerging computing architectures, serving electronics manufacturers, research institutions, and system developers through a B2B enterprise model.
- Ownership category
- akta.pro rank
Lusix industry classification
Industry- Product category
- Advanced Diamond Materials
- NAICS
- Research and Development in Nanotechnology (541713)
- SIC
- Miscellaneous Chemical Products (2890)
- akta.pro primary industry
- Synthetic/Lab-Grown Diamonds & Gemstones (Manufacturing & Trading) (CRAKAJAM)
- akta.pro secondary industry
- Epitaxy Materials & Services (Epi Wafers/MBE/MOCVD) (HDAHAGAC)
Keywords
Where Lusix is headquartered
LocationHeadquarters
- HQ city
- Rehovot
- HQ country
- Israel
- HQ region
- Middle East
Markets served
Lusix business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure
Revenue model
- Diamond Materials Sales: Sale of engineered diamond materials and thermal management solutions to industrial customers in the electronics and computing sectors. Revenue likely derived from direct product sales and potentially custom development partnerships with system developers.
- Research and Development Partnerships: Collaboration with industry partners, research institutions, and system developers for custom diamond applications. May include co-development arrangements and custom material specifications for specific use cases.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Lusix product offering
Product offeringCore offering
Lusix Technologies develops and engineers single-crystal diamond materials for advanced deep-tech applications, with its current focus on thermal management solutions for high-power electronics and emerging computing architectures. The company grows high-quality diamond using proprietary processes and extends its work to include processing and formatting of materials designed for real-world integration into electronic systems. Customers include industry partners, research institutions, and system developers working on next-generation electronics.
Product overview
Lusix Technologies is a deep-tech materials company that develops and engineers diamond materials for advanced applications, starting with thermal management. The company's core offering is its gROW Diamond platform — high-quality single-crystal diamond materials grown and processed for real-world integration into electronic systems. Their work extends beyond diamond growth to include processing and formatting designed for practical integration, with an application-driven development approach that aligns material capabilities with system constraints for high-power electronics and emerging computing architectures.
Differentiator
Problem solved
Functional benefit
Products and services
- gROW Diamond Materials
- Diamond-based Thermal Management Solutions Application-ready thermal management solutions using single-crystal diamond materials, designed to address heat dissipation bottlenecks in high-power-density electronic systems and small form factor devices. Targeted at high-power electronics manufacturers and system developers in data center, power electronics, and advanced computing hardware.
Companies that use Lusix
Customer profileSegments3 records
Ideal customer profiles3 records
Lusix technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Lusix partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Industry PartnerscoreLusix works with industry partners interested in exploring the use of single-crystal diamond in advanced applications. These partnerships involve collaboration on thermal management solutions for high-power electronics and emerging computing architectures.
- Research InstitutionscoreLusix collaborates with research institutions to develop and advance diamond material applications for deep-tech use cases. These partnerships support the development and integration of single-crystal diamond in advanced technological applications.
- System DeveloperscoreLusix works with system developers interested in integrating single-crystal diamond materials into their products. These collaborations focus on developing application-driven solutions that align material capabilities with practical system requirements.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Lusix competitors and assessment
Company assessmentBroad incumbents
- Sumitomo Electric Industries: Sumitomo Electric produces high-pressure high-temperature and CVD single-crystal diamond under its advanced materials division for industrial and electronic applications. Comparable to Lusix as a synthetic diamond manufacturer serving electronics, though operating within a much broader industrial portfolio.
- Element Six: Element Six (De Beers Group) is the world's leading producer of synthetic diamond and supermaterials, including CVD diamond for thermal management, optics, and electronics. Directly comparable to Lusix as a synthetic diamond manufacturer targeting advanced industrial applications, but with broader portfolio and scale.
Direct peers
- sp3 Diamond Technologies: sp3 Diamond Technologies manufactures CVD polycrystalline diamond and diamond-like carbon materials for thermal management, electronics, and industrial applications. Directly comparable to Lusix as a CVD diamond producer targeting thermal and electronics end markets.
- Diamond Foundry: Diamond Foundry uses proprietary plasma reactor technology to grow single-crystal CVD diamond, historically for jewelry and now expanding into semiconductor and quantum applications. Closely aligned with Lusix on underlying technology (CVD single-crystal diamond) and the strategic pivot from gemstone to deep-tech end markets.
- IIa Technologies: IIa Technologies is a Singapore-based producer of high-purity single-crystal CVD diamond for thermal, optics, and quantum applications. Directly comparable to Lusix in technology platform (single-crystal CVD diamond) and target end markets including thermal management for electronics.
- Applied Diamond Inc. Applied Diamond supplies CVD diamond films and diamond-based thermal solutions for electronics, optics, and industrial customers. Directly comparable to Lusix in CVD diamond technology and focus on thermal management end applications.
- Orbray (formerly Adamant Namiki): Orbray produces single-crystal and CVD diamond substrates for semiconductor, optical, and thermal applications. Comparable to Lusix in manufacturing high-quality synthetic diamond for advanced electronics and deep-tech use cases.
Emerging players
- AKHAN Semiconductor: AKHAN focuses on diamond semiconductor and thermal management applications using lab-grown diamond materials. Comparable to Lusix in targeting electronics end markets with diamond-based solutions, though with emphasis on semiconductor device integration.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Lusix social profiles
Digital presenceLusix financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lusix leadership team
Management profileNumber of profiles
Profiles1 record
Lusix funding detail
Funding detailFunding overview
Funding rounds2 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lusix M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lusix
What does Lusix do?
Lusix Technologies develops and engineers single-crystal diamond materials for advanced deep-tech applications, with its current focus on thermal management solutions for high-power electronics and emerging computing architectures. The company grows high-quality diamond using proprietary processes and extends its work to include processing and formatting of materials designed for real-world integration into electronic systems. Customers include industry partners, research institutions, and system developers working on next-generation electronics.
Is Lusix a public or private company?
Lusix is a private company. It is classified as venture growth investor backed and is currently operating.
When was Lusix founded?
Lusix was founded in 2016. It employs 51 to 100 people.
Where is Lusix based?
Lusix is headquartered in Rehovot, Israel, in the Middle East region.
How does Lusix make money?
Two revenue lines are on record. Diamond Materials Sales are the primary driver. The others are research and Development Partnerships.
Who are Lusix's main competitors?
Broad incumbents on record are Sumitomo Electric Industries and Element Six. Direct peers are sp3 Diamond Technologies, Diamond Foundry, IIa Technologies, Applied Diamond Inc. and Orbray (formerly Adamant Namiki). AKHAN Semiconductor is listed as an emerging player.
Does Lusix have an API?
No public API is recorded for Lusix.
What industry is Lusix in?
Lusix's product category is Advanced Diamond Materials. Its primary akta.pro industry code is CRAKAJAM, Synthetic/Lab-Grown Diamonds & Gemstones (Manufacturing & Trading), with a secondary code of HDAHAGAC, Epitaxy Materials & Services (Epi Wafers/MBE/MOCVD). Its NAICS code is 541713 and its SIC code is 2890.