French biotechnology company RED horticulture secures $17M in Series A funding round for dynamic greenhouse lighting

Red horticulture is a company offering intelligent lighting solutions for optimizing plant growth and associated energy consumption. Here are details of Red horticulture‘s latest funding round :

https://www.horticulture.red/fr/

🚀 Launch

2018

🏭 Industry

Biotechnology

🧠Management

Yassine EL QOMRI (President), Louis Golaz (CEO)

💸 Funding & Investors

INVESTMENT (Novembre 2023)$17 million (Series A)
INVESTORS (Novembre 2023)led by The European Circular Bioeconomy Fund (ECBF) with Demeter IM and Unigrains

🎯 Funding purpose

Develop high-performance lighting strategies with customers and innovation partners and to support internal research at the PARC, Photobiology & Agronomic Research Centre, RED’s agronomy centre in Nantes, France.

🌐 Country HQ

France (Lyon)

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