TeleSense builds AI-powered software and wireless sensors that gather temperature, moisture, and location data to predict crop quality and detect issues like mold and insects during storage and transit. Its hardware portfolio includes CellularSpear, Gateway SensorSpear (LoRa), Waterproof SensorSpear, SensorBall (mesh networking), and BuffaloBox to support bunkers, bins, railcars, barges, ground piles and other use cases. An accompanying app analyzes incoming data, provides predictive models and prescriptive actions, and notifies stakeholders when compromised storage conditions are detected. TeleSense says it already helps over 400 major grain players and has recently opened offices in Australia and Europe. The company plans to use new funding to strengthen sales channels, speed production, and expand its data science and engineering teams. Financially, it raised $10.2 million in a Series B that brings total funding to over $17.4 million. TeleSense, based in Sunnyvale, California, provides Industrial IoT, real-time environmental monitoring solutions for grain and food production, storage and transport. Its systems automate data collection and wirelessly upload and analyze environmental data for assets at rest or in motion using cloud-based technology. The company plans to expand its data-driven solutions across the global agricultural supply chain with an initial focus on grain storage and transport. TeleSense intends to invest in R&D to further develop its GrainSafe™ artificial intelligence platform. As of August 2018 the company secured $6.5m in Series A financing. The company is led by co-founder and CEO Naeem Zafar.

Total raised

$17M

Funding rounds

2

Latest round

Series B

Latest activity

Oct 2020