# RED Horticulture

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/red-horticulture

- Industry: Biotechnology
- Headquarters: Lyon, France
- Website: www.horticulture.red
- Total disclosed funding: $7.7M
- Latest round: Series A (Apr 25, 2023)
- Investors on record: 6

## About

Based in Lyon, France, and founded in 2018, Red Horticulture aka Rouge Engineered Designs S.A.S., operates as a lighting solutions company that offers intelligent lighting for growing plants and provides smart control. In November 2023, RED Horticulture raised USD 17 million in series A funding led by ECBF, Demeter Investments, and Unigrains. As of 2023, the company is led by its CEO Louis Golaz.

The company offers lighting solutions through products such as RED T Dynamic lighting and wireless RED sense sensors. The RED T offered by the firm provides a lighting solution which helps users to enhance their yields, shorten production cycles, and optimize the quality of their harvests throughout the year. This light is available in 4 individually controllable wavelengths, including far-red. The services offered by the company include smart control with My Red, and RED support providing full LED solutions including LED for young plants, high wire crops, seeds, red berries, cut flowers, and cannabis.

The company plans to use the November 2023 funding to support the development of its products.

## Funding rounds

- Series A, Apr 25, 2023, $7.7M — Bpifrance, Unigrains, ECBF, Crédit Agricole Atlantique Vendée, Societe Generale Ventures, Demeter Investments

## Investors

- Bpifrance — Series A
- Unigrains (https://capitalatlas.ai/funds/unigrains) — Series A
- ECBF (https://capitalatlas.ai/funds/ecbf) — Series A
- Crédit Agricole Atlantique Vendée — Series A
- Societe Generale Ventures (https://capitalatlas.ai/funds/societe-generale-ventures) — Series A
- Demeter Investments — Series A