Sollum Technologies Appoints Giancarlo Santella as New Chief Financial Officer
Sollum Technologies, a leader in dynamic LED lighting for controlled environment agriculture, announced the appointment of Giancarlo Santella as Chief Financial Officer.
Canada’s AgTech sector is experiencing rapid growth and innovation, positioning the country as a leader in agricultural technology. With $4.1 billion CAD invested between 2014 and 2024, the sector has seen an 8.4% compound annual growth rate (CAGR)—outpacing the global average. This momentum is driven by both public and private investments, with government grants funding nearly 30% of all foodtech investment rounds. As Canada strengthens its agricultural innovation ecosystem, key areas such as plant-based food technology, biotech food processing, and food waste reduction are leading the way.
Despite challenges like limited late-stage funding, labor shortages, and supply chain complexities, Canada’s precision agriculture market is expanding at a 12% annual growth rate, driven by AI, IoT, and smart farming technologies. With strong government support and dedicated research initiatives, Canada is shaping the future of sustainable and technology-driven agriculture, both domestically and on the global stage.
Sollum Technologies, a leader in dynamic LED lighting for controlled environment agriculture, announced the appointment of Giancarlo Santella as Chief Financial Officer.
Nutrien Ltd. (TSX and NYSE: NTR) released its Q2 2025 results, reporting net earnings of $1.2 billion or $2.50 per diluted share, with adjusted EBITDA.
Growcer has won the bid to acquire substantially all assets of Freight Farms, the acquisition is expected to close at the end of July 2025.
Bunge Global SA (NYSE:BG) has officially completed the sale of its North America dry corn and corn masa milling business to Grain Craft, marking a.
MustGrow Biologics Corp. recorded $3.8 million in sales revenue for Q1 2025, compared to no revenue in the same period last year.
Bayer, Zone AgTech, and Axceta sign a memorandum of understanding to form a precision agriculture consortium in Quebec.
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