TeleSense is partnering with UPL, which will deploy the US startup’s grain storage monitoring tech in an effort to reduce spoilage and waste.
California’s TeleSense uses remote sensing to monitor temperature and humidity in grain storage bins, helping to prevent disease and spoilage.
Telesense, which counts major international shipping outfit Maersk Growth among its investors, says its acquisition of Webstech gives it the largest remote-sensed dataset for grain storage in the world.
TeleSense’s proprietary sensor collects data about the condition of grains in storage to detect nonoptimal storage conditions and reduce spoilage.
In the second segment of a three-part deep dive into AI in food, Peakbridge explores how artificial intelligence could transform the food supply chain.
As Fulcrum Global Capital activated its investment theses about ag’s future, the very foundations of the ag industry began shifting in response to Covid-19.
A new report identifies key technologies to fight food waste at six key points of the food supply chain, including coatings, packaging, and sensors.
The InsuResilience Investment Fund led Israel-based Agritask’s Series A funding round for its application in expanding farm and crop insurance to smallholder farmers.
A new report from ReFED also revealed that grant funding from foundations reached $134 million in the first three quarters of 2016, increasing 70% over five years.
Maersk has received 850 pitch decks so far this year, according to Peter Jorgensen who says the company’s investment initiative gives it the chance to make a positive difference as a large corporate, not just a provider of funds.
Maersk is accepting applications for the second edition of its FoodTrack accelerator program, which will place an added emphasis on connecting startups to relevant partners and experts in the company.
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