bitsensing raises $10 Million in Sequence A Funding – sUAS Information – The Enterprise of Drones


bitsensing delivers radar options for autonomous automobiles, clever visitors administration and now could be increasing into optimizing radars for indoor utilization with options for on a regular basis wellness. The newly developed wellness resolution not solely offers sleep evaluation and life-style suggestions to enhance sleep high quality but additionally delivers early-stage prediction of sickness by the gathered sleep data- the primary on the earth to realize this development.

“It was a pure development to start growing applied sciences for wellness functions,” mentioned Dr. Jae-Eun Lee, CEO of bitsensing. “Our groundbreaking radars for good cities and now wellness showcase how we’re remodeling industries for a safer and smarter tomorrow. As a part of our new tagline ‘Radar Reimagined,’ we’re showcasing how we’re accelerating the entire autonomous automotive atmosphere and bringing good wellness to particular person existence by offering sleep care companies and sleep data-based sickness predictions.”

AF WPartners is a monetary funding associate that helps a community of capital administration consultants for firms and applied sciences which are attempting to deliver innovation to the world and make the long run a greater place. ARGES Personal Fairness makes progress centered investments in distinctive firms to maximise buyers return. Mando Company is the most important international Tier 1 Korean Unique Tools Producer and provider for international vehicle distributors.

bitsensing will use the funds to advance radar options and companies in every enterprise space and to deal with increasing enterprise by getting into the worldwide market. With Mando’s strategic funding and partnership, bitsensing will deliver the next-generation imaging radar resolution optimized for mass manufacturing and in the end obtain the entire autonomous atmosphere.

bitsensing was acknowledged for its progressive enterprise mannequin and progress potential. The corporate was chosen as a Minicorn final yr and awarded the CES 2022 Innovation Awards Honoree this yr.

About bitsensing

bitsensing is an imaging radar expertise firm dedicated to constructing dependable good cities and elevating related residing by designing cutting-edge sensor fusions and AI options that deliver unprecedented intelligence to good residing. Based in 2018 by seasoned automotive radar specialists, bitsensing is without doubt one of the solely startups delivering optimum applied sciences that meet and exceed the excessive degree of reliability and comfort that the trade calls for with automotive grade radar expertise. bitsensing is remodeling potentialities to deliver democratization of good life in mobility, good residence and constructing, robotics, safety, wellness, and past.

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