B
Bitsensing
An imaging radar technology company committed to building safer smart cities and elevating connected living by designing cutting-edge sensor fusions and AI solutions bringing an unprecedented level of…
About Bitsensing
Bitsensing is a South Korean startup specializing in the design and development of advanced imaging radar technology solutions. The company operates in the smart cities and automotive markets, providing cutting-edge radar systems that enhance safety, efficiency, and connectivity. Bitsensing's core products include the AIR 4D and AIR ADAS, which offer precise object detection, range, speed, and direction data for applications such as adaptive cruise control, forward collision warnings, and autonomous emergency braking. The company partners with industry leaders like Infineon Technologies to deliver innovative in-cabin sensing solutions. Bitsensing's business model revolves around selling these high-tech radar systems to automotive manufacturers and smart city planners, generating revenue through product sales and strategic partnerships.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Seongnam-si, South Korea
- Employees
- 59
- Open positions
- None listed
- Dealroom signal
- 65.0/100
- Industry
- Home Living, Transportation
- Sub-industry
- Mobility, Navigation & Mapping, Autonomous & Sensor Tech
- Sector
- Transportation, Smart Cities, 4YFN 2024, 4YFN
- Technology
- Artificial Intelligence, IoT InternetOfThings
- Business model
- Manufacturing
- Client focus
- b2b
- Investment activity
- 1 company, latest Dec 2024
- Capital deployed
- $38M
- Preferred round
- LATE VC
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Jun 2024 | $25M | $101M | Industrial Bank of Korea · Korea Development Bank · Life Asset Management · HL Mando | ↗ |
| SERIES A✓Equity / VC | Sep 2022 | $11M | $44M | Mando · AFW Partners · Arges Private Equity | ↗ |
Growth signals
Latest recorded traffic for Bitsensing is 4.9K monthly website visits, down 41% over the last three months. Bitsensing's team grew 3.5% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed9 investors entered at this stage
FuturePlay
Korea Development Bank
SJ Investment Partners
SparkLabs Global Ventures
Korea Institute of Science and Technology
SparkLabs Korea
LB Investment- SPSB Partners
Mando Corporation
Series A8 investors entered at this stage
- MAMando
AFW Partners- AEArges Private Equity
Industrial Bank of Korea- LMLife Asset Management
HL Mando- WCWoori Financial Capital
- SISamchully Investment
Other known investors2 additional known investors
Plug and Play
SparkLabs Group
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Bitsensing on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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