Sollum Technologies gets another $3.15 million, this time from Technoclimat program

Investment organizations are continuing to jump on the Sollum Technologies train.

On Tuesday the company welcomed $3.15 million from the Quebec government’s Technoclimat program, which helps fund tech innovation in energy efficiency, renewable energies, bioenergies and greenhouse gas (GHG) emission reductions.

Sollum offers greenhouse producers the only smart LED lighting solution which dynamically recreates and modulates the full spectrum of the Sun’s natural light.

In June, Sollum landed $5 million from Sustainable Development Technology Canada (STDC) and $2.7 million from Investissement Québec, its initial investors and National Bank.

“In the context of increased consciousness around food autonomy, energy efficiency, and climate change, Technoclimat’s participation yet again confirms our sustainable development partners’ confidence,” said CEO Louis Brun. “Sollum is entering a phase of accelerated growth with the backing of these solid partners.”

Jonatan Julien, Quebec’s minister of energy and natural resources, said the past few months made people realize that it is essential that we increase our food autonomy. Likewise, the minister said it’s essential we support local producers.

“The smart horticultural lighting solution developed by Sollum has the potential to reduce the energy consumption and increase the productivity of Quebec’s commercial greenhouses,” said Julien. “In the long run, it will enable Quebec’s population to have access to a variety of locally produced and affordable fruits and vegetables, year-round. I’m very proud that our government is financing this technological demonstration project.”

Sollum was founded by ETS (École de technologie supérieure) engineering students François Roy-Moisan and Gabriel Dupras. The idea was part of a research project on creating artificial sunlight.

CEO Louis Brun officially joined Sollum in the summer of 2016. He said the company’s smart light solution platform will “revolutionize the way we produce our food and how we manage our natural resources.”

The tech company says its greenhouse lighting solutions have led to plants having a more balanced morphology and hormonal constitution. This makes them more resilient. “They have a better taste, more appealing appearance and an extended lifespan after harvest,” wrote Sollum.

Its smart LED lighting solution “dynamically recreates the full spectrum of the sun’s light.” The company’s technology helps greenhouse growers create customized light recipes to cultivate any produce, regardless of its native climate and the location of the greenhouse.

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