How Much Did Adasky Raise?
Funding & Key Investors

Adasky, a pioneer in intelligent thermal sensing solutions, has successfully secured a major strategic investment, bringing its total capital accumulation to $65M. This latest infusion of $30M underscores the company's critical role in the evolution of automotive safety and autonomous mobility. By leveraging advanced long-wave infrared (LWIR) technology, Adasky continues to attract significant backing from global industrial leaders, solidifying its position as a key player in the high-growth sector of intelligent sensing systems.

The company's trajectory, marked by consistent financing rounds since its Series A in 2018, reflects a robust growth strategy aimed at scaling its manufacturing capabilities and expanding its footprint in the ADAS and smart city markets.

What is Adasky?

Adasky
ManufacturingTest & Measurement EquipmentElectronics

Founded in 2015 and headquartered in Yokneam Illit, Israel, Adasky specializes in the development and manufacturing of autograde LWIR thermal cameras. These sophisticated sensors are engineered to enhance the perception capabilities of Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AVs), providing reliable vision in challenging environmental conditions where traditional cameras and LiDAR may falter. Beyond automotive applications, Adasky is actively deploying its sensing technology to improve safety and efficiency within smart city infrastructure. By integrating multidisciplinary engineering with a focus on life-saving technology, the firm has established itself as a critical supplier for the next generation of intelligent mobility platforms.

How much funding has Adasky raised?

Adasky has raised a total of $65M across 3 funding rounds:

2018

Series A

$20M

2020

Series B

$15M

2023

Other Financing Round

$30M

Series A (2018): $20M with participation from Sungwoo Hitech Co.

Series B (2020): $15M led by Sungwoo Hitech Co., Ltd. and Kyocera Corporation

Other Financing Round (2023): $30M supported by Gentex Corporation

Key Investors in Adasky

Gentex Corporation

Gentex Corporation is a global technology and electronics company known for developing and manufacturing advanced products for the automotive, aerospace, and commercial fire protection industries.

Sungwoo Hitech Co.

Sungwoo Hitech Co. Ltd is a global automotive parts manufacturer based in South Korea, specializing in producing essential car components for international markets.

Kyocera Corporation

Kyocera Corporation is a multinational ceramics and electronics manufacturer that invests in innovative technologies to support the advancement of industrial and automotive systems.

What's next for Adasky?

With the recent influx of capital, Adasky is well-positioned to accelerate the commercialization of its thermal sensing portfolio. The strategic focus will likely center on deepening partnerships with automotive OEMs and Tier-1 suppliers to integrate LWIR technology into mass-market vehicle platforms. As the industry shifts toward higher levels of autonomy, the demand for redundant, high-fidelity sensing solutions is expected to surge. Adasky's roadmap involves scaling production to meet global demand while continuing to refine its proprietary algorithms, ensuring that its thermal imaging remains the gold standard for safety-critical applications in both urban and highway environments.

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Frequently Asked Questions Regarding Adasky Financial Insights

What are the most recent funding rounds that Adasky has completed, and what were the funding rounds?
Adasky has recently completed 3 funding rounds: Other Financing Round on May 1, 2023, Series B on Oct 22, 2020, Series A on Nov 15, 2018.
What is the total amount of funding Adasky has raised to date?
Adasky has raised a total of $65M in funding to date.
How many funding rounds has Adasky completed?
Adasky has completed 3 funding rounds.
How much funding did Adasky raise in its most recent funding round?
Adasky raised $30M in its most recent funding round.
Who are the lead investors in Adasky's latest funding round?
The lead investor in Adasky's latest funding round was Gentex Corporation. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Adasky's history?
The largest funding round in Adasky's history was $30M.
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