Tech Company Financing Transactions

bitsensing Funding Round

On 6/18/2024, bitsensing raised $25 million in Series B funding from AJU IB Investment, HL Mando and Industrial Bank of Korea.

Transaction Overview

Company Name
Announced On
6/18/2024
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors

AJU IB Investment (Lead Investor)

HL Mando (Lead Investor)

Industrial Bank of Korea (Lead Investor)

Korea Development Bank (Lead Investor)

LIFE Asset Management (Lead Investor)

SCL Group (Lead Investor)

Proceeds Purpose
The company intends to use the funds to scale operations, invest in research and development, and explore new market opportunities.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
4-5 Floor, 4, Godeung-ro, Sujeong-gu Seongnam-si,
Gyeonggi-do , 13105
KR
Phone
Undisclosed
Email Address
Overview
bitsensing is 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 intelligence to smart living.
Profile
bitsensing LinkedIn Company Profile
Social Media
bitsensing Company Twitter Account
Company News
bitsensing News
Facebook
bitsensing on Facebook
YouTube
bitsensing on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jae-eun Lee
  Jae-eun Lee LinkedIn Profile  Jae-eun Lee Twitter Account  Jae-eun Lee News  Jae-eun Lee on Facebook
Chief Technical Officer
Haeseung Lim
  Haeseung Lim LinkedIn Profile  Haeseung Lim Twitter Account  Haeseung Lim News  Haeseung Lim on Facebook
Co-Founder
Sung Lee
  Sung Lee LinkedIn Profile  Sung Lee Twitter Account  Sung Lee News  Sung Lee on Facebook


 

 

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Prev: 6/18/2024: Nomad Health venture capital transaction
Next: 6/18/2024: Marea Therapeutics venture capital transaction

 

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