Asia Digest: Autocrypt raises $13m Series A; MBK Partners offer for Tsukui stake
Cameras for SenseTime Group Ltd.'s autonomous driving system are mounted inside a Lincoln Motor Co. MKZ sedan during a test-drive in Hangzhou, China, on Thursday, Sept. 6, 2018. SenseTime's image-identifying algorithms have made it the world's most valuable AI startup and an early leader in China, where it's won contracts with the country's top phonemakers, largest telecommunications company, and biggest retailer. Photographer: Qilai Shen/Bloomberg
February 9, 2021
South Korea-based autonomous driving security solutions provider Autocrypt has raised nearly $13 million in a Series A funding round while private equity firm MBK Partners has made an offer to acquire Tsukui Holdings Corporation.