Torch Systems has raised $11.5 million in total funding as it expands an AI-powered monitoring platform for outdoor infrastructure. The Lafayette, California-based company said the financing includes $9.5 million in equity from Khosla Ventures, Abstract, Construct Capital and Starship Ventures, plus $2 million in venture debt from Silicon Valley Bank. Torch plans to use the capital to increase manufacturing and field deployments of its TerraNode sensing devices, expand its go-to-market and…