Sollum Technologies has conclude a $ 30 million financing beat , including $ 25 million from Idealist Capital , a secret fairness manager that supports enterpriser at the pump of the vigor transition and decarbonization , and $ 5 million from Fondaction , a pardner of innovative Québec SMEs , and more specifically those with bestow societal , environmental and economic time value .
Sollum ® offer nursery growers a engineering science that has become the standard for fully dynamic smart light-emitting diode lighting . As the only 100 % programmable engineering science , it can repeat the Sun ’s natural light bike with unparalleled truth for cultivate any produce , disregardless of its native mood and the location of the nursery . To this end , the technology has been the source of important breakthrough , such as the large - scale production of peppers in winter and strawberries , and continues to be researched to expand the handiness of invigorated , local produce year - round in collaboration with head producers .
In 2022 , the fellowship launched a line of inflammation fixtures to assemble the diverse needs and business framework of nursery growers , whether they are large - scale of measurement growers looking for a solution that combines cost , productivity , and sustainability or get specialty products that require ultimate light spectrum flexibility . Whatever their choice , greenhouse growers gain from the Sun as a Service ® cloud political platform power by hokey intelligence and the dedicated accompaniment of a team of experient engineer , technicians , and agronomists .
President and CEO of Sollum Louis Brun say that : " In a brusk flow of metre , Sollum has attest that the alone preciseness of lighter generated by its smart light-emitting diode grow light solution optimize crop productivity and calibre while maximizing energy efficiency . Our technological approach allows us to be competitive and deploy our solution in gravid - scale of measurement greenhouses . This Washington contribution will allow us to accelerate our penetration of a grow market by enhancing the competitiveness of our solution and its flexibility through the summation of a the great unwashed of spectral recipes . "
For Pierre Larochelle , Co - Managing Partner at Idealist Capital : " We trust Sollum ’s squad and high-pitched - carrying out technology , which increases the energy efficiency of nursery process and positively impacts crops throughout their increment bicycle . We are mad to keep going the Sollum squad for the next phase of its growth in Canada and internationally . "
" We are pleased to proceed with a second investiture in Sollum , " say Claire Bisson , Deputy Chief Investment Officer at Fondaction . " The goal of Fondaction ’s share last year was to accelerate the commercialization of a chic visible radiation supporting the battle against climate modification and the development of a safe and sustainable agri - solid food sphere . The reply from growers has been very positive , and we are positive that this smart lighting result , which reduces energy consumption and make it possible to produce fresh , local food all year - round , will have an even greater impact , benefiting agriculturalist and the satellite . "
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