Smart Radar System

Seongnam-si, South Korea Founded: 2017 • Age: 9 yrs
Imaging radar systems developed for mobility, industrial, defense applications.
Annual revenue $3.2M Latest available
Total funding $24.4M 4 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Smart Radar System

Smart Radar System is a company based in Seongnam-si (South Korea) founded in 2017. Smart Radar System has raised $24.37 million across 4 funding rounds from investors including Korea Investment Holdings, Sparx Group and Hemi Ventures. Smart Radar System operates in a competitive market with competitors including Arbe, Zendar, Calterah Semiconductor, bitsensing and Spartan Radar, among others.

  • Headquarter Seongnam-si, South Korea
  • Sectors
    Technology
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Smart Radar System Co., Ltd.
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.21 M (USD)
    16.21
    as on Dec 31, 2024
  • Net Profit
    -$4.38 M (USD)
    -26.7
    as on Dec 31, 2024
  • EBITDA
    -$5.4 M (USD)
    -23.6
    as on Dec 31, 2024
  • Total Equity Funding
    $24.37 M (USD)

    in 4 rounds

  • Latest Funding Round
    $10.17 M (USD), Series B

    Dec 27, 2020

  • Investors
  • Employee Count
    Not available
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People of Smart Radar System

Headcount 10-50
Employee Profiles 14
Employee Profiles
People
Yunkwon Jung
COO
People
Doyong Eom
Researcher
People
Jin Lim
Sales & Marketing
People
Chang Bum Kim
Principal Research Engineer

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Funding Insights of Smart Radar System

Smart Radar System has successfully raised a total of $24.37M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $10.17 million completed in December 2020. 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.

Investors in Smart Radar System

Smart Radar System has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Korea Investment Holdings, Sparx Group and Hemi Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment holding firm established in Seoul in 2003.
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Early-stage startups in emerging technologies are funded by Hemi Ventures.
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Venture capital investments are provided to innovative entrepreneurs.
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Investor details for Smart Radar System

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Investments & Acquisitions by Smart Radar System

Investments
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Investment portfolio details for Smart Radar System

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Financial Statements - Smart Radar System

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Detailed financials for Smart Radar System

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Smart Radar System Comparisons

Smart Radar System Primary company
Description
Imaging radar systems developed for mobility, industrial, de...
Location
Seongnam-si, South Korea
Founded Year
2017
Annual Revenue
$3.21 M (USD)
Net Profit
-$4.38 M (USD)
EBITDA
-$5.4 M (USD)
Employees
Not available
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Peer comparison for Smart Radar System

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Competitors of Smart Radar System

Smart Radar System 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 Arbe, Zendar, Calterah Semiconductor, bitsensing and Spartan Radar, among others.

Company Name Domain Founded year HQ Location Description
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AI-enabled radar solutions for autonomous vehicles are provided.
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High-resolution imaging radar for autonomous vehicles is developed.
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Developer of CMOS millimeter wave radar sensors
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Radar solutions are developed for automotive and healthcare sectors.
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Radar perception software for autonomous vehicles is developed and provided.
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Radar-based sensor systems are supplied for autonomous vehicles.
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Detailed competitors of Smart Radar System

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Latest news on Smart Radar System

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Frequently Asked Questions about Smart Radar System

Smart Radar System was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Smart Radar System is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.

Paul Kim is the current CEO of Smart Radar System.

Smart Radar System is a funded company, having raised a total of $24.37M across 4 funding rounds to date.

Annual revenue of Smart Radar System is $3.21M as on Dec 31, 2024.

Founded in 2017 in Seongnam-si, South Korea, imaging radar systems are developed for mobility, industrial, and defense sectors. Radar and sensor fusion products are provided for automotive applications, autonomous driving, and in-cabin monitoring. Offerings extend to construction vehicles, factory robotics, fill-level meters, and drones. Radar technology is also applied in healthcare, smart city infrastructure, and security contexts.

Smart Radar System's top competitors include Arbe, Calterah Semiconductor and bitsensing.

Smart Radar System has 10 investors. Key investors include Korea Investment Holdings, Sparx Group, Hemi Ventures, NEXTY Electronics, and GU Equity Partner.

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