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bitsensing

Series B

Developer of radar technology for automotive, smart city, and healthcare. The company designs radar solutions from concept to production for various industries. It provides radar systems for automated vehicles, traffic management, and patient monitoring. The company aims to improve safety and convenience with its radar technology. Founded in 2018, headquartered in Seongnam-si, South Korea. The company has raised…

Consumer · Road Transport Tech, · Seongnam-si, South Korea · EST 2018

About

Developer of radar technology for automotive, smart city, and healthcare. The company designs radar solutions from concept to production for various industries. It provides radar systems for automated vehicles, traffic management, and patient monitoring. The company aims to improve safety and convenience with its radar technology. Founded in 2018, headquartered in Seongnam-si, South Korea. The company has raised $42.0M in funding at the series b stage. bitsensing operates in the Road Transport Tech, Autonomous sectors. The company focuses on Vehicular Traffic, Radar, Generic. Notable investors include SparkLabs, SJ Investment Partners, FuturePlay, Korea Science and Technology Holdings, LB Investment, Mando Corporation, among others.

Business model

Smart Cities > Smart Mobility > Traffic Management > Vehicular Traffic,

Road Transport Tech > Traffic Management > Traffic Monitoring and Analytics > Diversified > Sensor > Radar,

Sensors > Generic Sensor Developers > Imaging > 4D Image Sensor,

Autonomous Vehicles > Enabling Technologies > Perception > Sensor > Radar > Digital Imaging Radar

Institutional investors

SparkLabsSJ Investment PartnersFuturePlayKorea Science and Technology HoldingsLB InvestmentMando CorporationHansaeSB PartnersARGESHL MandoKorean Development BankIndustrial Bank of KoreaWoori Financial GroupLIFE Asset ManagementSamchully Group

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