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.