What is Adasky?
Founded in 2015 and headquartered in Yokneam Illit, Israel, ADASKY is at the forefront of developing and manufacturing intelligent autograde LWIR thermal cameras. The company's mission is to enhance mobility safety through advanced thermal sensing, aiming to save lives by integrating sophisticated technology into ADAS, AV, and smart city applications. ADASKY's expertise lies in its multidisciplinary engineering team dedicated to pushing the boundaries of thermal imaging for automotive and urban environments.
How much funding has Adasky raised?
Adasky has raised a total of $65M across 3 funding rounds:
Series A
$20M
Series B
$15M
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
Sungwoo Hitech Co.
Sungwoo Hitech Co. is a global automotive parts manufacturer with a significant international presence, specializing in car components. Their investment in Adasky suggests a strategic interest in advanced automotive technologies and supply chain integration.
Gentex Corporation
Gentex Corporation is a technology company focused on electro-optic products, including automatic-dimming rearview mirrors. Their participation in Adasky's funding round indicates a potential synergy in automotive safety and sensing technologies.
Kyocera Corporation
Kyocera Corporation is a diversified technology company. Their involvement in Adasky's financing round points to a strategic alignment with innovative solutions in the automotive and smart city sectors.
What's next for Adasky?
The recent major strategic investment signals a pivotal growth phase for Adasky, likely enabling the company to accelerate product development, scale manufacturing capabilities, and expand its market reach. This capital infusion is expected to bolster Adasky's position in the competitive automotive technology landscape, particularly as the industry moves towards greater autonomy and enhanced safety features. The company's focus on LWIR thermal cameras positions it to capitalize on the increasing demand for robust sensing solutions in diverse environmental conditions.
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