AdHawk Microsystems

Kitchener, Canada Founded: 2015 • Age: 11 yrs
Imaging sensors for smart glasses are developed via CMOS-MEMS technology.
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About AdHawk Microsystems

AdHawk Microsystems is a company based in Kitchener (Canada) founded in 2015.. AdHawk Microsystems has raised $4.6 million across 2 funding rounds from investors including Brightspark Ventures, Intel Capital and Ripple Capital. AdHawk Microsystems offers products and services including MindLink Glasses, Scanner Module, and MindLink Air. AdHawk Microsystems operates in a competitive market with competitors including TriEye, XREAL, Magic Leap, Occipital and Vuzix, among others.

  • Headquarter Kitchener, Canada
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Technology → Extended, Virtual & Augmented Reality
Technology → Extended, Virtual & Augmented Reality
Technology → Semiconductors, Electronics & Hardware
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.6 M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.6 M (USD), Series A

    Oct 19, 2017

  • Investors
  • Employee Count
    Employee Count
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Products & Services of AdHawk Microsystems

AdHawk Microsystems offers a comprehensive portfolio of products and services, including MindLink Glasses, Scanner Module, and MindLink Air. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Wireless glasses for research and wellness eye tracking applications.

MEMS-based scanner for high-speed eye tracking integration.

Fitness tracker for brain monitoring via eye movements.

People of AdHawk Microsystems
Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Mahdi Olfat
Software Development
People
Neil Sarkar
CEO
People
Sandro Banerjee
CFO
People
Zhenhao Li
Packaging Hardware Development Engineer

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Funding Insights of AdHawk Microsystems

AdHawk Microsystems has successfully raised a total of $4.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.6 million completed in October 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $4.6M
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2017 Amount Series A - AdHawk Microsystems Valuation Intel Capital
Jun, 2017 Amount Series A - AdHawk Microsystems Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in AdHawk Microsystems

AdHawk Microsystems has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Brightspark Ventures, Intel Capital and Ripple Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm investing in Canadian early-stage tech companies and providing access to funds.
Founded Year Domain Location
Investment in technology startups focusing on compute, AI, and related innovations.
Founded Year Domain Location
Private equity and VC fund
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AdHawk Microsystems

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - AdHawk Microsystems

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Adhawk Microsystems Comparisons

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Competitors of AdHawk Microsystems

AdHawk Microsystems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TriEye, XREAL, Magic Leap, Occipital and Vuzix, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
CMOS-based image sensors are developed for autonomous vision applications.
domain founded_year HQ Location
Augmented-reality smart eyewear is offered by XREAL for device compatibility.
domain founded_year HQ Location
Head-mounted virtual retinal displays for augmented reality viewing are provided.
domain founded_year HQ Location
Augmented reality-based 3D scanners for mobile devices are provided.
domain founded_year HQ Location
Smart glasses are provided for remote support and teleconferencing.
domain founded_year HQ Location
Provider of wearable heads-up display for industrial workers
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Adhawk Microsystems

Frequently Asked Questions about AdHawk Microsystems

When was AdHawk Microsystems founded?

AdHawk Microsystems was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is AdHawk Microsystems located?

AdHawk Microsystems is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.

Is AdHawk Microsystems a funded company?

AdHawk Microsystems is a funded company, having raised a total of $4.6M across 2 funding rounds to date.

What does AdHawk Microsystems do?

AdHawk Microsystems was founded in 2015 in Kitchener, Canada, focusing on hardware technology in the imaging sensor sector. Operations center on creating embedded sensors for smart glasses through a CMOS-MEMS platform. A micro-scanner is employed to position a diffractive optic element, directing infrared light beams toward the eye, finger, or head. Reflections are detected by photodiodes at specific angles to determine gaze direction or positional data.

Who are the top competitors of AdHawk Microsystems?

AdHawk Microsystems's top competitors include TriEye, RealWear and XREAL.

What products or services does AdHawk Microsystems offer?

AdHawk Microsystems offers MindLink Glasses, Scanner Module, and MindLink Air.

Who are AdHawk Microsystems's investors?

AdHawk Microsystems has 3 investors. Key investors include Brightspark Ventures, Intel Capital, and Ripple Capital.

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