Sollum Technologies

Montreal, Canada Founded: 2015 • Age: 11 yrs
Provider of dynamic LED lighting solutions for horticulture and controlled agriculture
Annual revenue - Latest available
Total funding $42.0M 9 rounds
Employees 49 Tracked headcount
Investors 11 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Sollum Technologies

Sollum Technologies is a company based in Montreal (Canada) founded in 2015 by Gabriel Dupras, Francois Moisan, and Louis Brun. Sollum Technologies has raised $41.99 million across 9 funding rounds from investors including National Bank of Canada, Idealist Capital and Fondaction. The company has 49 employees as of December 31, 2024. Sollum Technologies offers products and services including SF-E2, SF-ONE, SF-PRO, and SUN as a Service. Sollum Technologies operates in a competitive market with competitors including ecobee, Nanoleaf, Resideo, Operto and BrainBox AI, among others.

  • Headquarter Montreal, Canada
  • Employees 49 as on 31 Dec, 2024
  • Founders Gabriel Dupras, Francois Moisan, Louis Brun
  • Sectors
    Business Services
    Energy & Utilities Healthcare Agriculture Industrial Goods & Manufacturing
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Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Agriculture → Agricultural Technology & Innovation Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Industrial Equipment & Machinery Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $41.99 M (USD)

    in 9 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Jan 16, 2023

  • Investors
  • Employee Count
    49

    as on Dec 31, 2024

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Products & Services of Sollum Technologies

Sollum Technologies offers a comprehensive portfolio of products and services, including SF-E2, SF-ONE, SF-PRO, and SUN as a Service.

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Primary

AI-powered LED for simple HPS to LED transition in greenhouses.

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Efficient broad-spectrum LED for high-volume crop production.

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Full-spectrum LED for precise plant growth parameter control.

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Cloud-based system for real-time light recipe management.

Funding Insights of Sollum Technologies

Sollum Technologies has successfully raised a total of $41.99M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Sollum Technologies

Sollum Technologies has secured backing from 11 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include National Bank of Canada, Idealist Capital and Fondaction.

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Venture Fund
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Angel
Investor Description Founded Year Domain Location
Venture capital firm focused on investing in clean tech sectors
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Early-stage venture capital is provided to Canadian technology startups by Real Ventures.
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Investments & Acquisitions by Sollum Technologies

Investments
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Investment portfolio details for Sollum Technologies

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Financial Statements - Sollum Technologies

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Sollum Technologies Comparisons

Sollum Technologies Primary company
Description
Provider of dynamic LED lighting solutions for horticulture ...
Location
Montreal, Canada
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
49
As of 2024
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Peer comparison for Sollum Technologies

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Competitors of Sollum Technologies

Sollum Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ecobee, Nanoleaf, Resideo, Operto and BrainBox AI, among others.

Company Name Domain Founded year HQ Location Description
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Provider of smart thermostats for commercial and residential applications
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Energy-efficient smart lightbulbs are developed by Nanoleaf.
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Smart home products for security and energy efficiency are provided.
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Provider of cloud-enabled property automation and access control solutions
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AI and SaaS-driven HVAC optimization for commercial buildings is provided.
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App-based connected thermostats are provided for high-voltage heating systems.
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Detailed competitors of Sollum Technologies

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Latest news on Sollum Technologies

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Frequently Asked Questions about Sollum Technologies

Sollum Technologies was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Sollum Technologies is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

Louis Brun is the current CEO of Sollum Technologies. They have also founded this company.

Sollum Technologies is a funded company, having raised a total of $41.99M across 9 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Sollum Technologies is 49.

Provider of dynamic LED lighting solutions for horticulture and controlled agriculture. The company offers programmable LED grow lights and a cloud platform to manage light spectra and intensity. Their solution supports growers with light recipes, data monitoring, and agronomic support. The companys products aim to optimize plant growth, energy efficiency, and crop quality in greenhouses and indoor farms.

Sollum Technologies's top competitors include ecobee, Resideo and Mysa.

Sollum Technologies offers SF-E2, SF-ONE, SF-PRO, and SUN as a Service.

Sollum Technologies has 11 investors. Key investors include National Bank of Canada, Idealist Capital, Fondaction, Sustainable Development Technology Canada, and Invest Quebec.

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