TeleSense Lands Support of Top Investors and Ag Industry Luminaries to Drive Global Expansion
Summary
Recently establishing offices in Australia and Europe, the company will now focus on strengthening its global sales channel, speeding production and further building out its data science team to maintain its position as the primary artificial intelligence (AI) leader in the grain industry. Its machine learning algorithms provide users with the smart alerts they need to effectively manage and predict grain quality, eliminate human error, ensure safety, improve operational efficiency, and increase profitability. With capital of Euro 125m and investing in Europe, USA and Israel, RFAIF leverages Rabobank’s extensive global network and sector knowledge to support ground-breaking agrifood tech companies from Seed to Series B. Sunnyvale, CA, October 22, 2020 --( PR.com )-- TeleSense, an industrial Internet of Things (IoT) innovator revolutionizing grain storage and securing the food supply chain, today announced the close of a $10.2 million Series B round of financing led by existing investor Finistere Ventures, an ag and food investment pioneer. Its machine learning algorithms provide users with the smart alerts they need to effectively manage and predict grain quality, eliminate human error, ensure safety, improve operational efficiency, and increase profitability.“Rabobank has supported TeleSense since 2018. With capital of Euro 125m and investing in Europe, USA and Israel, RFAIF leverages Rabobank’s extensive global network and sector knowledge to support ground-breaking agrifood tech companies from Seed to Series B. Click here to view the list of recent Press Releases from Telesense