Cresco is proud to have advised Polysense on the successful closing of its USD 10.7 million Seed funding round. The round was led by Felix Capital, with participation from Fortino Capital Ventures, Syndicate One and 100IN. The funding will support Polysense’s international expansion, accelerate the development of its AI-powered quality control platform and further its mission of reducing food waste across the food manufacturing industry.
Based in Ghent, Polysense develops AI-powered quality control solutions that enable food manufacturers to monitor and optimize production processes in real time. By combining computer vision with production data, its platform delivers objective and adaptive process control, helping manufacturers reduce food waste while improving product consistency, production yields and operational efficiency. As food manufacturers increasingly face rising input costs, labour shortages and more demanding sustainability targets, solutions that deliver measurable improvements on the production floor are becoming essential.
Building on its strong commercial traction across Europe and its growing presence in the United States and the Middle East, this funding round marks an important milestone in Polysense’s growth journey. The additional capital will enable the company to deploy its technology across more production lines, support a growing international customer base and further establish Polysense as a leading AI innovator for the global food manufacturing industry.
We congratulate founders Yarne De Munck, Jarne Bogaert and Lucas Van Dijck on this important milestone and extend our sincere thanks to Jonathan Bovijn for the excellent collaboration throughout this transaction.
The Cresco deal team consisted of Glenn L’hoëst and Nicholas Borgmans.
For more information on this transaction, we refer to De Tijd.
| Cookie | Duration | Description |
|---|---|---|
| cookielawinfo-checbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
| cookielawinfo-checbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
| cookielawinfo-checbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
| cookielawinfo-checkbox-advertisement | 1 year | Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . |
| cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
| cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
| CookieLawInfoConsent | 1 year | Records the default button state of the corresponding category & the status of CCPA. It works only in coordination with the primary cookie. |
| elementor | never | This cookie is used by the website's WordPress theme. It allows the website owner to implement or change the website's content in real-time. |
| viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |