News: Optoelectronics
22 April 2025
NUBURU secures funding to eliminate $3.4m in outstanding accounts payables
NUBURU Inc of Centennial, CO, USA — which was founded in 2015 and develops and manufactures high-power industrial blue lasers — has announced a strategic update that, it says, underscores its commitment to advancing into high-growth markets. It has also secured funding partners to address up to about $3.4m in accounts payables left from previous management, enabling NUBURU to eliminate past debts and enhance its financial flexibility.
This follows NUBURU’s previous strategic investment in Supply@ME Capital Plc (SYME), a $5.15m on-demand convertible funding commitment, which further positions it to pivot towards a capital-light, sustainable growth approach through innovative fintech solutions. The integration of SYME’s financial platform will provide liquidity and enable NUBURU to maintain competitive inventory levels as it prepares for growth in the defense and security sectors.
“We are excited to share these strategic updates with our shareholders and underscore our focus on creating significant value through our dual business lines,” says executive chairman Alessandro Zamboni. “This material progress on settling our past liabilities, combined with our strategic investments and acquisitions in cutting-edge defense and security technologies, cements NUBURU’s position as a leader in high-demand markets,” he reckons.
“The next final step will comprise the settlement of the last residual company liabilities. In this regard, we are working on a solution, in the interests of our shareholders, in order to manage the redemption obligations of the company with respect to the outstanding Series A preferred stock.”
As part of its aggressive growth strategy, NUBURU is on track to finalize the acquisition of a Defense & Security Hub. This hub will focus on delivering products tailored for defense applications, also by leveraging the firm’s blue laser expertise, while extending robust security solutions through a software-as-a-service (SaaS) model, addressing critical regulatory requirements in sectors demanding operational resilience.
These anticipated acquisitions are projected to contribute over $50m in revenue during 2025, contingent upon regulatory and shareholder approvals.
NUBURU unwinding partnership with HUMBL
NUBURU signs joint pursuit agreement with defense company
NUBURU eliminates long-term indebtedness and makes $5.15m strategic investment in Supply@ME Capital
NUBURU completes first acquisition step in defense and security sector
