Telensa develops smart city solutions focused on connected LED street lighting that can be controlled and monitored from a central app. Its systems use Low Power Wide Area (LPWA) and a long-range UNB radio system to connect devices and enable additional sensors for pollution, weather, and vehicle detection. The company also offers a smart parking solution that uses a magnetic sensor to detect parked vehicles and aggregates data for signage and consumer-facing apps. Founded in 2005, Telensa is profitable and has rolled out over 50 networks across eight countries, claiming a footprint of more than 1 million streetlights. Major deployments include large smart-parking installations in Moscow and Shenzhen. The business positions itself as a domestic leader in smart street lighting as local governments look to reduce energy consumption and plans to use new funding to accelerate growth.

Total raised

$18M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2016