Led · Series A · Nov 2023

RED Horticulture offers a turnkey dynamic lighting solution consisting of dynamic spectrum LED luminaires controlled by its AI-powered proprietary platform MyRED, combined with photobiology expertise to help growers optimize yield, quality and energy use. The company’s technology aims to deliver the right light at the right time to reduce energy consumption, increase yields and shorten crop cycles. RED supports growers, breeders and researchers with scalable hardware and agronomic knowledge and operates an agronomy center, the PARC (Photobiology & Agronomic Research Centre) in Nantes. The capital from the recent raise will be used to develop high-performance lighting strategies with customers and innovation partners and to support internal research at PARC. Case studies cited in the article report strawberry yield increases of 35%, a 20% reduction in time from sowing to harvest, and energy reductions for young plant breeders of up to 60%. The company was founded in 2018 by engineers Yassine El Qomri and Louis Golaz and is active in the Netherlands and France. RED Horticulture is described as a pioneer in plant photobiology and develops technologies rooted in plant light science. The company has reported recent technological and commercial successes. It completed a €2.5 million fund-raising campaign announced on February 26, 2021. Demeter participated in the company's capital as part of the transaction. RED Horticulture said the proceeds will be used to accelerate its development in France and abroad. The company is based in Lyon.

Participated · Series B · Sep 2022

Javelot develops connected solutions (thermometry, ventilation and insect traps) and a platform to store and monitor grains remotely. Its tools are used by cooperatives, storage operators and farmers to pilot storage more effectively and more responsibly, reducing pesticide use by 90%. Founded in 2018 and based in Wasquehal, France, the company employs 25 people. Javelot currently monitors 10% of French grain storage capacity and aims to cover 50% of European grain within five years. The startup sells hardware and a monitoring platform to improve storage outcomes and reduce pest-related losses. Financially, the company completed a Series B in which it raised capital to accelerate scaling.