Bitsensing's radar technology can also be applied to digital health, specifically sleep care, by monitoring sleep quality, apnea, and limb movements. The company provides the radar hardware and APIs for companies to integrate sleep quality monitoring into their software. The startup is currently in the revenue growth stage and is looking to expand globally through strategic partnerships. The latest funding round included investors such as Korea Development Bank, HL Mando Corporation, Industrial Bank of Korea, and Aju Capital, bringing its total raised to $46 million since its inception.
Key takeaways:
- South Korea-based startup bitsensing has developed advanced high-resolution radar technology for autonomous vehicles, known as 4D imaging radar, which can also be applied to smart cities and digital healthcare. The company recently closed a $25 million Series B round.
- Bitsensing's 4D imaging radar offers a surround detection solution for self-driving vehicle systems with a range coverage of over 300 meters and a 50% advancement in detection range compared to conventional radar. The company also claims to have the first sensor to integrate an edge AI computing device into an intelligent transportation system (ITS) solution.
- Bitsensing is not the only company developing 4D imaging radar. Other companies such as California-based Altos Radar and Tel Aviv- and Dallas-based Arbe Robotics have also built high-resolution radars for autonomous cars.
- Bitsensing also plans to apply its radar technology for digital health, specifically sleep care. The company says its radar can monitor sleep quality, apnea, and limb movements and offer data analysis about users’ sleep conditions.