Somel Investments

Somel Investments is a private investment firm and family office established in 2015, located in Pointe-Claire, Canada. The firm focuses on supporting innovators and aims to facilitate disruptive advancements that contribute to a better future. Somel Investments specializes in venture capital, targeting companies within the software, communication and network, IT services, and technology, media, and telecommunications sectors. Through its strategic investments, the firm seeks to drive growth and foster innovation in these dynamic industries.

Christopher Hanck

Chief Investment Officer

7 past transactions

Deeplite

Seed Round in 2021
Deeplite is a Montreal-based company that specializes in AI-driven optimization software for deep neural networks (DNNs) designed for deployment on both cloud servers and edge devices. The company's flagship product, Neutrino, utilizes a unique multi-objective design space exploration approach to automatically optimize DNN models, making them smaller, faster, and more energy-efficient. This technology addresses the challenges associated with deploying deep learning models on limited hardware, ensuring that they can operate effectively in real-time applications without compromising performance or battery life. Deeplite's solutions cater to various sectors, including automotive, smartphones, smart cameras, and IoT devices, ultimately enabling the integration of advanced AI capabilities into everyday technology.

NoviFlow

Venture Round in 2020
NoviFlow Inc. is a company based in Montréal, Canada, that specializes in programmable, software-defined networking (SDN) solutions. Founded in 2012, it develops high-performance Ethernet switches and routers compliant with the OpenFlow protocol, focusing on the needs of network operators and hyper-scale data centers. NoviFlow's products are designed to manage large user bases and provide high network throughput, with capabilities that support up to 240 Gbps and one million flow entries. The company offers a comprehensive implementation of OpenFlow for SDN forwarding planes, allowing clients to enhance their cybersecurity services while reducing capital and operational expenses. Through its advanced data plane processing capabilities, NoviFlow enables an efficient integration of partner-provided OpenFlow controllers and applications, delivering reliable and scalable networking solutions.

Deeplite

Seed Round in 2020
Deeplite is a Montreal-based company that specializes in AI-driven optimization software for deep neural networks (DNNs) designed for deployment on both cloud servers and edge devices. The company's flagship product, Neutrino, utilizes a unique multi-objective design space exploration approach to automatically optimize DNN models, making them smaller, faster, and more energy-efficient. This technology addresses the challenges associated with deploying deep learning models on limited hardware, ensuring that they can operate effectively in real-time applications without compromising performance or battery life. Deeplite's solutions cater to various sectors, including automotive, smartphones, smart cameras, and IoT devices, ultimately enabling the integration of advanced AI capabilities into everyday technology.

Kaloom Networks

Series A in 2018
Kaloom Inc. is a Montreal-based company founded in 2014 that specializes in large-scale networking, analytics, and AI-based solutions. It develops an automated, programmable networking platform designed to unify edge and cloud data networks, particularly for data center operators, telecommunications, enterprises, cloud providers, gaming companies, and 5G wireless providers. The company's offerings include programmable spine and leaf switches, as well as storage and application servers. Kaloom's innovative platform supports simultaneous 4G and 5G applications at the data center edge, featuring native support for network slicing and embedded 5G user plane functions. This approach enables clients to significantly reduce costs associated with connected devices and the labor required to manage distributed edge networks. With a strong team of technology veterans, Kaloom is positioned to disrupt traditional methods of building, managing, and operating cloud and data center networks. The company also has research and development offices in Montreal and a sales and marketing office in Silicon Valley.

Kaloom Networks

Series A in 2017
Kaloom Inc. is a Montreal-based company founded in 2014 that specializes in large-scale networking, analytics, and AI-based solutions. It develops an automated, programmable networking platform designed to unify edge and cloud data networks, particularly for data center operators, telecommunications, enterprises, cloud providers, gaming companies, and 5G wireless providers. The company's offerings include programmable spine and leaf switches, as well as storage and application servers. Kaloom's innovative platform supports simultaneous 4G and 5G applications at the data center edge, featuring native support for network slicing and embedded 5G user plane functions. This approach enables clients to significantly reduce costs associated with connected devices and the labor required to manage distributed edge networks. With a strong team of technology veterans, Kaloom is positioned to disrupt traditional methods of building, managing, and operating cloud and data center networks. The company also has research and development offices in Montreal and a sales and marketing office in Silicon Valley.

Boréas Technologies

Seed Round in 2017
Boréas Technologies Inc. is a manufacturer of high-voltage, low-power integrated circuits based in Bromont, Canada. Founded in 2016 by Simon Chaput, the company specializes in innovative semiconductor solutions designed for various applications, including computer mice, haptic trackpads, and micropumps in consumer, automotive, and industrial markets. Boréas Technologies leverages low-power piezo haptic driver integrated circuits that can be adapted to a wide range of device form factors, from small wearables and mobile devices to larger applications such as car infotainment system panels. By focusing on reducing power consumption and latency, the company enhances user experience through improved feedback and device interaction. With a team of design and technology veterans averaging over 20 years of experience, Boréas aims to rapidly bring its advanced technology to market.

NoviFlow

Venture Round in 2015
NoviFlow Inc. is a company based in Montréal, Canada, that specializes in programmable, software-defined networking (SDN) solutions. Founded in 2012, it develops high-performance Ethernet switches and routers compliant with the OpenFlow protocol, focusing on the needs of network operators and hyper-scale data centers. NoviFlow's products are designed to manage large user bases and provide high network throughput, with capabilities that support up to 240 Gbps and one million flow entries. The company offers a comprehensive implementation of OpenFlow for SDN forwarding planes, allowing clients to enhance their cybersecurity services while reducing capital and operational expenses. Through its advanced data plane processing capabilities, NoviFlow enables an efficient integration of partner-provided OpenFlow controllers and applications, delivering reliable and scalable networking solutions.
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