Bitsensing develops high-resolution 4D imaging radar systems for autonomous vehicles and adjacent markets such as smart cities and digital health. Its core products include surround-detection automotive radars with range coverage of more than 300 meters and a claimed 50% improvement in detection range versus conventional radar. The company also offers TIMOS, a traffic insight monitoring sensor that integrates edge AI (powered by an Nvidia Jetson GPU) to fuse camera and radar data for traffic management; TIMOS is deployed across six countries and provides visibility across 12 lanes of traffic. Bitsensing is pursuing additional commercial applications including sleep-care monitoring for apnea and limb movements and provides APIs for integration into senior care facilities and hospitals. The startup says it is in a revenue-growth stage and aims to expand globally via strategic partnerships, hardware and software sales, data, and licensing contracts. Bitsensing was founded in 2018 in South Korea and has raised $46 million in total to date. bitsensing develops 4D imaging radar technology and sensor-fusion AI solutions intended to enable smart cities and connected living. The company builds radar solutions across business areas and has introduced a wellness solution that provides sleep analysis, lifestyle recommendations, and early-stage illness prediction from accumulated sleep data. Led by CEO Dr. Jae‑Eun Lee, bitsensing combines imaging radar hardware with software and AI to deliver sensing and analytics services. The company raised $10M in a Series A to advance its radar solutions and services. It plans to use the funds to expand its business and enter global markets. bitsensing is based in Seoul, South Korea. Bitsensing develops radar-based sensing technology that leverages radar sensors to detect targets and track and map activity in real time without creating privacy issues and while maintaining performance in harsh weather. The company's sensors are positioned for use across automotive, smart home, robotics and autonomous driving applications. Led by CEO Jae-eun Lee, Bitsensing has joined programs and partnerships including NVIDIA Inception, an Infineon partnership, Plug and Play Japan for Mobility and Plug and Play Thailand for Smart Cities. The startup intends to use its latest funding to further enhance its technology, expand offerings in key industries and grow its global presence and partnerships. Financially, Bitsensing had previously raised $1.2M in seed rounds and reports total equity financing of $7.0M following the new round. The company is based in Seoul, South Korea.

Total raised

$41M

Funding rounds

3

Latest round

Series B

Latest activity

Jun 2024