Israeli thermal imaging startup Adasky has raised $15 million in a Series B investment round.
Adasky develops technology to which better ensures safety for both pedestrians and car drivers.
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The new funding comes from existing shareholders Kyocera Corporation and Sungwoo-Hitech Co., Ltd. The company will use the new funds to support the growth of the company as it makes the move to mass production.
Adasky has developed resolution LWIR thermal imaging solutions which it has designed and manufactured in house. This will be applied to vehicle safety systems for ADAS/AV solutions and smart city infrastructure.
Have you ever heard a story about a pedestrian hit by a car? How about a car crash caused by poor lighting at night?
Well what Adasky does is offer new tech such as thermal cameras which improve a driver’s vision at night.
Established in Israel in January 2016 by former Israel Air Force officers and automotive tech veterans with, Adasky declares its mission to be to make mobility safer by way of advanced thermal sensing technologies in order to save people’s lives.
Adasky boasts that it has revolutionized the thermal sensing industry by creating end-to-end, the smallest, most intelligent, energy-efficient camera systems in the market, at a price that anyone can afford, making safety accessible to all, for safe travel and a safe return.
“Since the establishment of our joint venture, ADASKY’s team exhibits the innovative spirit and agility Israel’s tech industry is widely known for,” said Tayo Hamano, General Manager, Corporate Management Promotion Group, Kyocera Corporation. “We are proud to take part and support ADASKY in its journey to lead the thermal Imaging revolution for a safer world.”
“Drivers cannot rely on current ADAS to prevent collisions, especially when it concerns pedestrians at night. ADASKY is developing the right solution. We are excited to continue our support to ADASKY in its mission to save lives” said Mun Yong Lee, President of Sungwoo Hitech.
“I’m very grateful for our partners and their continued support and belief in ADASKY’s team and vision, especially in times of global uncertainty,” said Yakov Shaharabani, ADASKY’s CEO. “We welcome this new investment as further validation of ADASKY’s ingenuity and technological capabilities.”