US grain storage startup TeleSense has closed a $10.2 million Series B round led by existing investor Finistere Ventures. New investors in the startup included Fulcrum Global Capital, UPL, Artesian Venture Partners, and Mindset Ventures. Existing shareholders including Rabobank’s Food & Agri Innovation Fund also joined the round. The startup added former Bunge CEO Soren Wolck Schroder and Mark Palmquist, CEO of United Malt and former CEO of Australia’s GrainCorp, to its board of directors as part of the deal.
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