Smart Radar System
Latest round
- Series A
Last raised
- May 2019
Total raised
- $4.1M
Investors
- 5
About Smart Radar System
Founded in 2017 in Seongnam, South Korea, Smart Radar System Inc. develops sophisticated radar systems designed for various applications.2 billion and a current valuation of KRW 70 billion.Smart Radar System Inc. specializes in advanced radar technologies, primarily focusing on sub-1° 4D imaging radar solutions. Their offerings include high-end imaging radar products for applications such as autonomous vehicles, healthcare, and smart city infrastructure. These systems provide real-time 3D data visualization, enhancing operational efficiency across various sectors. The company caters to a diverse clientele that includes automotive manufacturers, healthcare facilities, and urban planners, with significant markets in North America, Europe, and Asia.Smart Radar System Inc. generates revenue through a blend of direct sales and partnerships in a B2B context, primarily selling flagship products like the RETINA-4FN and RETINA-4SN imaging radars to clients in the automotive and healthcare sectors. The revenue model is structured around per-unit sales for hardware, with potential subscription services for software and ongoing support. Clients typically engage under contractual agreements for acquisition, including maintenance and updates, ensuring a steady revenue stream.Smart Radar System Inc. The company aims to introduce additional radar solutions aimed at enhancing smart city infrastructures and autonomous vehicle safety features, with plans for the roll-out of new products by mid-2024. Specific targeted markets for expansion include Southeast Asia and North America, with efforts to establish a stronger presence by the end of 2024.
Who invested in Smart Radar System
5 investors across 1 round
See all investors in Smart Radar System
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series A
May 13, 2019
Amount
$4.1M
Investors
Questions about Smart Radar System
Who invested in Smart Radar System?
Smart Radar System has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Smart Radar System raised?
Smart Radar System has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Smart Radar System last raise money?
Smart Radar System's most recent round on record is a Series A, in May 2019.
What does Smart Radar System do?
Founded in 2017 in Seongnam, South Korea, Smart Radar System Inc.
Where is Smart Radar System headquartered?
Smart Radar System is headquartered in Seongnam, South Korea.
Which VCs invest in companies like Smart Radar System?
Among active investors with capital left to deploy, Hui Hua Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back hardware companies at Smart Radar System's stage. Their profiles are linked below.
VCs backing hardware startups at Series A
Raising like Smart Radar System? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.