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Data Center News > Blog > Investments > bitsensing Raises $25M in Series B Funding
Investments

bitsensing Raises $25M in Series B Funding

Last updated: June 18, 2024 3:49 pm
Published June 18, 2024
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bitsensing Raises $25M in Series B Funding
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bitsensing, a South Korean supplier of superior radar options, closed its $25m Sequence B funding.

The spherical was led by the Korea Improvement Financial institution, HL Mando Company, Industrial Financial institution of Korea, Aju Capital, Life Asset Administration, and SCL Funding.

The corporate intends to make use of the funds to scale operations, spend money on analysis and improvement, and discover new market alternatives.

Led by Dr. Jae-Eun Lee, CEO, bitsensing is a pioneer in superior radar options with a wide range of functions in autonomous driving, good cities, well being tech, and past. Based in 2018, the corporate has expanded using its high-performance, automotive-grade radar throughout a wide range of functions in autonomous driving, linked dwelling, good cities, well being tech, and past. 

FinSMEs

18/06/2024

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See also  Commvault Acquires Appranix
TAGGED: 25M, bitsensing, Funding, Raises, Series
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