Idealist Capital invests $25 million in Sollum Technologies, a Quebec-based company specializing in smart LED lighting solutions for energy-efficient greenhouse agriculture.

Information on the Target

Sollum Technologies is a Quebec-based company specializing in innovative solutions for greenhouse agriculture. Their flagship product, a fully dynamic smart LED lighting system, is designed to optimize energy consumption while enhancing crop yield and quality. By utilizing advanced technology to provide tailored lighting conditions, Sollum aims to support sustainable farming practices and help growers adapt to the challenges posed by climate change.

The company's approach has garnered attention in the agricultural community, as it addresses the growing need for efficiency in food production. By integrating energy-saving features with user-friendly controls, Sollum Technologies offers an appealing solution for modern agricultural operations.

Industry Overview in Quebec

The agricultural sector in Quebec plays a crucial role in the province's economy, contributing significantly to its GDP and employment rates. In recent years, the industry has faced various challenges, including climate