bitsensing Raises $10M in Series A Funding

bitsensing

bitsensing, a Seoul, South Korea-based 4D imaging radar solution company, raised $10M in Series A funding.

The round was led by AF WPartners, with participation from ARGES Private Equity, and Mando Corporation.

The company intends to use the funds to advance radar solutions and services in each business area and to focus on expanding business by entering the global market.

Led by CEO Dr. Jae-Eun Lee, bitsensing is an imaging radar technology company committed to building smart cities and elevating connected living by designing sensor fusions and AI solutions that bring intelligence to smart living. The newly developed wellness solution provides sleep analysis and lifestyle recommendations to improve sleep quality and delivers early-stage prediction of illness through the accumulated sleep data.

FinSMEs

21/09/2022