10 years ago

Telensa Secures $18 Million for Smart City Growth

  • Telensa, a UK-based smart city solutions provider, has raised $18 million in funding

  • The investment comes from Environmental Technologies Fund and debt financing from Silicon Valley Bank

  • Telensa specializes in smart street lighting, offering energy-efficient and controllable LED-based lighting solutions

  • The company also provides other smart city applications, including a smart parking solution that uses magnetic sensors to detect vehicle parking and provide real-time updates to drivers

  • Telensa's solutions have been implemented in various countries, including the UK, China, Russia, the Middle East, and the U.S.

      • ProblemTechnology

      "Cities around the world are struggling to reduce energy consumption and manage traffic congestion. "

      Solution

      "Telensa provides smart city solutions that use wireless technology to connect and control streetlights, parking spaces, and other city infrastructure. This allows cities to monitor and control their resources more efficiently, reducing energy consumption and traffic congestion. "

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