Element Labs, which provides low-energy LED lighting systems to the entertainment industry, raised $12.75M in a Series B funding. Back in June the company announced a new flexible LED video screen that has been a big hit at events like the MTV Video Music Awards, and the X Games. If you take a look at Britney Spears controversial performance at the awards, you can see some of the 125 half-meter Versa TUBEs which were aligned upright and placed side by side. Line up these Versa TUBEs and they act like a video display, only with much more created control about how you display it. Take a look at some images from the Reunion Tour of The Police to get an idea of how it looks. You can arrange the tubes in any combination and multiple sizes and they act kind of like a flexible video display. Pretty cool stuff. We don’t dare ask the price.