Investissement Quebec

Investissement Québec investment in Sollum Technologies’ $2.7 million financing round

Client

Investissement Quebec

Value

$2.7 million

Service

Emerging and High Growth Companies

Date Closed

June 2020

Lead Office

Montréal

 

On June 3, 2020, Sollum Technologies completed its $2.7 million seed round led by Investissement Quebec. The financing will allow Sollum to accelerate product development and establish its technology in North America. The funding will also enable Sollum to deploy large scale tests and pursue collaboration with research centers.

Sollum Technologies is a Montreal based lighting manufacturer specializing in a smart LED lighting solution.

Investissement Quebec supports international businesses located in Quebec, providing a full range of services to help businesses establish long term success in Quebec.

Osler, Hoskin & Harcourt LLP advised Investissement Quebec with a team consisting of Shahir Guindi and Marisa Corona (Corporate).