Senscient raises $5,600,000

Senscient Inc., a leading developer of laser diode spectroscopy solutions, today announced it has closed a USD 5.6 million Series B financing round.  “There is growing demand for more accurate and repeatable gas detection and measurement in a number of markets from safety to process control and environmental monitoring,” said Charles Vaslet, Investment Director and Energy Specialist with Emerald. “Senscient has invented an innovative process for increasing the sensitivity and selectivity to a wide range of gas compounds and, together with the possibility of multiple gas detection, offers a remarkable solution to industry and commerce. Applications areas will include monitoring in and around refinery and chemical process plants, within process monitoring for quality control and continuous emissions monitoring, mostly stack monitoring, for regulatory compliance.”