Sollum Technologies closes a C$ 30 million financing round to support the growth of its operations.
This funding includes $25 million from Idealist Capital and $5 million from Fondaction, a partner of innovative Québec SMEs, and more specifically those with added social, environmental and economic value. Investissement Quebec helped with the conversion of Sollum’s debentures into B-1 shares.
A Fasken team composed of Henrick Simard and Frédéric St-Jean advised Investissement Quebec in this funding.
Jurisdiction
- Québec
