Somel Investments

Established in 2015, Somel Investments is a private investment firm based in Pointe-Claire, Canada. It focuses on investing in innovative companies operating within the software, communication & network, IT services, and TMT sectors.

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

Series A in 2018
Kaloom develops fully automated, programmable software for data center networking. Its solution aims to disrupt cloud and data center network management for enterprises, cloud providers, gaming companies, data center operators, and 5G wireless providers. Founded in 2014, Kaloom is headquartered in Montreal, Canada.

Kaloom

Series A in 2017
Kaloom develops fully automated, programmable software for data center networking. Its solution aims to disrupt cloud and data center network management for enterprises, cloud providers, gaming companies, data center operators, and 5G wireless providers. Founded in 2014, Kaloom is headquartered in Montreal, Canada.

Boréas Technologies

Seed Round in 2017
Founded in 2016, Boréas Technologies specializes in manufacturing high-voltage, low-power integrated circuits for consumer and industrial markets. Headquartered in Bromont, Canada, the company's products include semiconductor solutions for applications such as computer mice, haptic trackpads, and micropumps.

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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