Processing…
Success! You're on the list.
NEWSLETTER

Processing…
Success! You're on the list.

This startup raises $3M for its wireless sensor network technology in pest control to protect cultural properties

Conserv
Conserv

US-based Conserv platform integrates standard environmental data from wireless sensors with pest control data to provide preservation experts with a comprehensive picture of the threats that their collections face. In complicated contexts, LoRaWAN-based sensors provide for straightforward wireless deployment and maintenance.

Conserv, the art and culture firm, has raised $3M in a Series A round of funding. Conserv will use the money to expand its activities in the United States and Europe, providing environmental data to preservation specialists so they can protect shared cultural property in museums, libraries, archives, and historic structures. Benson Capital Partners, a venture capital firm based in New Orleans, led the investment round.

Who uses Conserv?

Conserv’s platform is being used by Smithsonian Libraries and Archives, Massachusetts State Libraries, Museum of Modern Art, and the Birmingham Civil Rights Institute to improve the effectiveness of their environmental monitoring initiatives. In the last 18 months, Conserv has grown from 25 to over 300 consumers.

Conserv’s Founder and CEO, Austin Senseman, stated, “We believe that collecting organisations should have access to cost-effective technology to help conserve our shared cultural legacy. COVID-19 has hastened a shift in an organization’s expectations for cost-effective, remote-accessible solutions. We want to give an amazing experience for managing the data that drives preservation outcomes to all collecting organisations, regardless of size or location.”

Bonaventure Capital, Timberline Holdings, and Jemison Investment Company are among the additional institutional investors from this and earlier rounds, as well as an exceptional group of angel investors from across the country. John Steiner of Steiner Law LLC contributed to the success of this round.

Conserv- Providing environmental data

Austin Senseman (CEO) and Nathan McMinn founded Conserv in Birmingham, Alabama in 2018. The company benefited tremendously from the efforts of the Economic Development Partnership of Alabama’s (EDPA) Launchpad programme, which gave $150,000 in non-dilutive capital during its first two years.

Conserv has assembled a group of specialists in anticipation of closing the round in Might. Yadin Larochette, formerly of Tru Vue’s Museum and Conservation Liaison, has joined as President, and Dave Masom, formerly of Pack Well Being’s VP Product, has joined as Chief Product Officer. The staff has grown to eleven people, including four full-time conservators.

“We believe that a focused team using cutting-edge technology in the right market is a winner. For these reasons, the Conserv solutions stand out. Their solutions are created by and for preservation professionals in a sea of generic sensor businesses. At Conserv, we’re enthused about the technology, the people, and the objective “Caroline Crumley, Director at Benson Capital Partners, expressed her opinion.

Leave a Reply

Your email address will not be published.

Related Posts
Get daily funding news briefings in the tech world delivered right to your inbox.
JOIN OUR NEWSLETTER! THANK YOU.
Total
1
Share