Sollum Technologies

ElectronicsSeries BMontreal, Canadasollumtechnologies.com

Latest round

Series B

Last raised

Jun 2020

Total raised

$2.7M

Investors

4

About Sollum Technologies

Sollum Technologies Inc.Founded in 2015 in Montreal, Canada, Sollum Technologies Inc. specializes in smart LED grow lights that replicate natural sunlight for greenhouse applications. The founders include Francois R-Moisan, Gabriel Dupras, and Jacques Poirier, with Louis Brun serving as the CEO.Sollum Technologies specializes in providing a comprehensive solution for greenhouse cultivation through its core product offerings, which include smart LED grow light fixtures, the SUNaaS® cloud platform, and ongoing support services. The dynamic LED fixtures are designed to replicate the sun's natural light spectrum and intensity, making them suitable for a wide range of crops such as gerberas, roses, tomatoes, and cucumbers. These products enhance productivity, improve the quality of produce, and optimize growth conditions in greenhouses across North America and parts of Europe.Sollum Technologies' revenue model is driven by a combination of direct sales and subscription-based services. The company's flagship product, the SUN as a Service® (SUNaaS®) platform, operates on a subscription basis, providing customers with access to dynamic lighting management and ongoing technical support. Transactions typically involve the sale of LED fixtures along with the SUNaaS® platform integration, ensuring clients receive a holistic solution for their lighting needs.In January 2023, Sollum Technologies Inc. Future plans include the development of new products aimed at improving greenhouse efficiency and expanding into additional markets, with efforts focused on regions beyond North America and Europe.

Who invested in Sollum Technologies

4 investors across 2 rounds

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Funding rounds

  1. Series B

    Jun 1, 2020

    Amount

    $2M

    Investors

    Locked

  2. Series A

    Jan 1, 2017

    Amount

    $0.7M

    Investors

    Locked

Questions about Sollum Technologies

Who invested in Sollum Technologies?

Sollum Technologies has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Sollum Technologies raised?

Sollum Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Sollum Technologies last raise money?

Sollum Technologies's most recent round on record is a Series B, in Jun 2020.

What does Sollum Technologies do?

Sollum Technologies is a electronics company.

Where is Sollum Technologies headquartered?

Sollum Technologies is headquartered in Montreal, Canada.

Which VCs invest in companies like Sollum Technologies?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back electronics companies at Sollum Technologies's stage. Their profiles are linked below.

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