IntelliSense.io secures Seed funding led by BASF Venture Capital to expand its global reach.
The financing round was led by BASF Venture Capital with participation from angel investors.
IntelliSense.io provides artificial intelligence solutions designed to make mining operations more efficient, sustainable and safe. Its platform covers the entire value chain from extraction to the plant.
IntelliSense.io has secured a new round of seed funding led by BASF Venture Capital, with participation from UK angel investors including Dr. Steve Garnett and Stephen Kelly. The capital will be deployed to expand the company application portfolio and extend its distribution capacity around the world. Alongside the investment, BASF Mining Solutions has formed an exclusive partnership with IntelliSense.io to combine chemical expertise with industrial artificial intelligence. The resulting joint offering aims to optimize metal lifecycles and resource extraction.
From the founder
"Our fast-establishing leadership in industrial AI is driven by vertical industry-specific applications that require partnerships combining decades of industrial experience with emerging technologies. In the BASF group we are humbled to have found such a partner. We are delighted to have BVC’s support in building a category-leading industrial AI company and the capital raised will be deployed to increase our applications portfolio and support distribution capacity globally."
Sam Bose
Founder and CEO at IntelliSense.io
Investor perspective
"The world is becoming increasingly digital and artificial intelligence can make a vital contribution in many areas"
Markus Solibieda
Managing Director, BASF Venture Capital
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
Categories
About the company
IntelliSense.io
IntelliSense.io builds artificial intelligence platforms for the global mining industry.