Bitsensing Inc. announced that it has received KRW 35 billion in funding from Korea Development Bank, Investment Arm, HL Mando Corporation, Industrial Bank of Korea, Investment Arm, Woori Financial Capital Co., Ltd., Samchully Investment Co., Ltd., LifeAssetManagement, Inc
June 17, 2024
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bitsensing Inc. announced that it has received KRW 35 billion in a round of funding led by existing investor, HL Mando Corporation on June 18, 2024. The transaction included participation from new investors, Korea Development Bank, Investment Arm, Industrial Bank of Korea, Investment Arm, Woori Financial Capital Co., Ltd., Samchully Investment Co., Ltd., and LifeAssetManagement, Inc. The company has raised KRW 63 billion in funding till date.
HL Mando Corp, formerly Mando Corp, is a Korea-based company mainly engaged in the production and sale of automobile parts. The Company produces and sells automobile parts such as brake, steering and suspension systems. The brake systems include anti-lock brake systems (ABSs), traction control systems (TCSs) and electronic stability controls (ESCs). The steering systems include steering gear systems, steering columns and electric power steering (EPS). The suspension systems include electronically controlled suspensions (ECSs) and continuous damping controls (CDCs). The Company sells products in domestic and overseas markets such as China, the United States, and India.
Bitsensing Inc. announced that it has received KRW 35 billion in funding from Korea Development Bank, Investment Arm, HL Mando Corporation, Industrial Bank of Korea, Investment Arm, Woori Financial Capital Co., Ltd., Samchully Investment Co., Ltd., LifeAssetManagement, Inc
HL MANDO CORPORATION 
