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
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Sectors
TechnologyTransportation, Automotive & Logistics
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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.
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Annual Revenue
$3.13 M (USD)15as on Dec 31, 2022
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Net Profit
$-6.01 M (USD)-48as on Dec 31, 2022
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EBITDA
$-4.08 M (USD)-32as on Dec 31, 2022
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Total Equity Funding
$24.37 M (USD)
in 4 rounds
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Latest Funding Round
$10.17 M (USD), Series B
Dec 27, 2020
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Investors
Korea Investment Holdings
& 9 more
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Employee Count
Employee Count
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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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $10.2M
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First Round
First Round
(16 May 2019)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Series B - Smart Radar System | Valuation | Korea Investment Holdings , Hemi Ventures | |
| Oct, 2019 | Amount | Series A - Smart Radar System | Valuation | Kakao Ventures | |
| Jun, 2019 | Amount | Grant - Smart Radar System | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment holding firm established in Seoul in 2003.
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Founded Year | Domain | Location | |
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Early-stage startups in emerging technologies are funded by Hemi Ventures.
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Founded Year | Domain | Location | |
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Venture capital investments are provided to innovative entrepreneurs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Smart Radar System
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Smart Radar System
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Smart Radar System Comparisons
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. 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 |
AI-enabled radar solutions for autonomous vehicles are provided.
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| domain | founded_year | HQ Location |
High-resolution imaging radar for autonomous vehicles is developed.
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| domain | founded_year | HQ Location |
Developer of CMOS millimeter wave radar sensors
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| domain | founded_year | HQ Location |
Radar solutions are developed for automotive and healthcare sectors.
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| domain | founded_year | HQ Location |
Radar perception software for autonomous vehicles is developed and provided.
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| domain | founded_year | HQ Location |
Radar-based sensor systems are supplied for autonomous vehicles.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Smart Radar System
Frequently Asked Questions about Smart Radar System
When was Smart Radar System founded?
Smart Radar System was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Smart Radar System located?
Smart Radar System is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
Who is the current CEO of Smart Radar System?
Paul Kim is the current CEO of Smart Radar System.
Is Smart Radar System a funded company?
Smart Radar System is a funded company, having raised a total of $24.37M across 4 funding rounds to date.
What is the annual revenue of Smart Radar System?
Annual revenue of Smart Radar System is $3.13M as on Dec 31, 2022.
What does Smart Radar System do?
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.
Who are the top competitors of Smart Radar System?
Smart Radar System's top competitors include Arbe, Calterah Semiconductor and bitsensing.
Who are Smart Radar System's investors?
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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