Fondaction led a financing round in Sollum Technologies.

Fondaction, an investment fund, led a financing round in Sollum Technologies, a provider of smart LED lighting solutions. Financial terms were not disclosed. “We are pleased to be able to count on Fondaction’s financial support and its expertise in the agri-food industry to help us grow and speed up the marketing of our dynamic LED lighting solution for greenhouse growers. We have the privilege of having a solid group of investment partners and we appreciate the confidence that the Fondaction team has chosen to place in us and our unique solution,” Louis Brun, Sollum Technologies co-founder and CEO.