St. Pete?s Sensor Systems raises $1m for its ?electronic tongue?

St. Pete?s Sensor Systems raises $1m for its ?electronic tongue?Sensor Systems, a St. Pete-based developer of solutions for complex liquids analysis, has raised $1m in its first round of funding from venture capitalists at Leorsa Innovations for its ?electronic tongue.?

Sensor Systems, a St. Petersburg-based developer of solutions for complex liquids analysis, has raised $1m in its first round of funding from venture capitalists at Leorsa Innovations for what is referred to as ?electronic tongue,? an artificial sensor device for recognition, quantitative multicomponent analysis and artificial assessment of taste and flavor of various liquids. Ingria, the largest local high-tech business incubator, of which Sensor Systems is a resident company, told Marchmont earlier this week that under the terms of the deal, the St. Pete project will get further support from its new partner to not only develop the technology but also make an operational prototype and commercialize the product into the global markets. The technology is being developed by a group of enthusiasts from the Laboratory of Chemical Sensors at St. Petersburg State University, Russia?s oldest higher educational establishment founded in the mid 18th century. It?s ?world-class research,? Ingria underscored...