The umbrella functions both as a traditional parasol and an outdoor light source, which can be controlled by a smartphone app.
The umbrella comprises a base with wheels for manoeuvrability, as well as an aerodynamically designed canopy to ensure stability.
It folds away into a compact leaf-like shape for easy storage.
"Hulasol is the world's first classy outdoor mood lamp and sun umbrella combined in one beautiful eye-catcher," said Hulasol. "Designed to captivate and comfort, its curves celebrate sun and moon."
The polyester canopy and all other surfaces have been treated to withstand water, dirt and mildew.
Hulsol comes in matte black and matte white colourways.
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