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QualySense closes 3rd financing round, raising about CHF 1 million


Switzerland
April 29, 2013

QualySense AG, is an EMPA-based start-up company that pioneers innovative grain and seed sorting technologies to set new quality standards in the food industry. It announces today that it has closed its third financing round and raised about CHF 1 Million of new equity mainly from its existing investors, which includes a selected number of well known Swiss and international business angels.

QualySense’s Chief Executive Officer, Dr. Francesco Dell’Endice, says: “This successful financing round will enables us to achieve strategic milestones that will project the company well in the future¨. QualySense is currently testing the QSorter Explorer with few large multinational companies. It is also working with the leading European organization that set the quality standards for the seed industry. QSorter Explorer enables the introduction of new quality metrics and new inspection methods. It expects the scientific and technical community to validating its results in the near future.

QualySense is the worldwide industry leader focused on delivering innovative high-end sorting solutions to achieve optimal processing, quality, and safety of agricultural products. We are the leaders in the development of efficient, high-capacity technologies for analyzing and sorting grains, seeds, and beans according to biochemical and morphological traits. Breeders, seed producers, food processors, and inspection agencies worldwide can now benefit from high-speed non-destructive individual kernel analysis and sorting according to the biochemical and morphological traits of their products. QualySense was founded in 2010 and has been awarded a number of prizes and grants. The company is rapidly growing and has lately received the Swissparks “Best Startup of 2012” award.



More news from: Ferrum Analytics and Sorting AG


Website: http://www.qualysense.com

Published: April 30, 2013

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