Event

bitsensing raises $25M Series B to scale radar technology

Jun 18, 2024 · Funding · bitsensing · Perception

bitsensing closed a $25 million Series B to expand its automotive-grade radar platform, research and development, global operations and strategic partnerships.

  • Korea Development Bank, HL Mando, Industrial Bank of Korea, Aju Capital, Life Asset Management and SCL Investment backed the round.
  • Cumulative funding reached $46 million after the financing.
  • The capital supports radar applications across autonomous driving, smart infrastructure and health technology.

bitsensing develops automotive-grade radar hardware and perception systems across vehicles, smart infrastructure, industry and healthcare. Founded in South Korea in 2018, the company controls development from radar architecture and signal processing through production. Its automotive portfolio spans long-range imaging, corner and in-cabin sensing, while its broader stack applies radar to traffic intelligence and autonomous environments.

Company
bitsensing
Segment
Perception
Event type
Funding
Added to Korthos
Jul 15, 2026
Geography
Seongnam · South Korea