Truesense raised an undisclosed amount in a seed investment round led by Magic Spectrum and The Hashgraph Group to advance its growth plans in software, AI, blockchain, and UWB technology.

Feb 25, 2025•5 months ago

Round Type

seed

MilanInformation TechnologySoftware

Investors

The Hashgraph GroupMagic Spectrum

Description

Truesense has announced the successful closure of its first seed investment round aimed at reinforcing its growth plans in multiple technology domains including AI, blockchain, and Ultra-Wideband applications. The investment will enable the development of advanced solutions leveraging Hedera's distributed ledger technology.

Company Information

Company

Truesense

Location

Milan, Lombardy, Italy

About

Truesense is a European leader in Ultra-Wideband (UWB) technology and AI-driven platforms. They specialize in developing advanced smart UWB nodes for applications including secure access control and real-time location services. With a focus on innovative software and hardware solutions, Truesense enhances wireless communication across various industries. Their solutions ensure compliance, security, and traceability of digital transactions.

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Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Truesense raised an undisclosed amount in a seed investment round led by Magic Spectrum and The Hashgraph Group to advance its growth plans in software, AI, blockchain, and UWB technology.

Investors

Description

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