Touch sensing platform Baanto closes round with Quantius

Baanto International Ltd, a Toronto-based developer of touch sensing solutions, has raised an undisclosed financing from Canadian intellectual-property lender Quantius. Founded in 2009, Baanto makes products that incorporate elements of its ShadowSense touchscreen technology for a range of applications, including educational and boardroom solutions, digital signage and military applications. Led by CEO Avanindra Utukuri, the company will use the funds raised for its global growth strategy. In 2014, Baanto secured $6 million in financing led by Canadian specialty finance firm Difference Capital Financial.

21 February 2019•2 mins read
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