QualySense, a Switzerland-based company offering grain and seed sorting technologies, has raised SFr1m ($1.2m) in its series C round from angel investors and was previously backed by local bank ZKB’s corporate venturing initiative.
QualySense is testing its QSorter Explorer with multinational companies.
In June 2011, QualySense raised SFr350,000 in equity financing from its founders and a selected number of Swiss and international business angels.
QualySense also at that time closed a SFr500,000 convertible loan with the Zurcher Kantonalbank’s (ZKB) seed fund.
The funding follows QualySense winning the SFr130,000 Venture Kick innovation competition last year and subsequently gaining development agreements with the Swiss Commission for Technology & Innovation worth SFr1.1m and with the US Department of Agriculture for $1.5m.