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ADASTEC Corp.

ADASTEC Corp.

Private
East Lansing, MichiganMobility, Transportation & Logisticshttps://adastec.com

Last Round

VC Round

Jul 11, 2025

Est. Valuation

$152.8M

Total Funding Raised

$1.35M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

ADASTEC Corp. operates in Mobility, Transportation & Logistics and is based in East Lansing, Michigan. Its latest recorded funding round was a VC Round in July 2025.

ADASTEC Corp. is a software company that provides flowride.ai, a SAE Level-4 automated driving software platform for full-sized public transit buses and commercial vehicles.

Sector

Mobility, Transportation & Logistics

Verticals

Autonomous Vehicles, Public Transit, Electric Vehicles, Fleet Management, Computer Vision

Business Model

B2B

Customer Profile

Hardware Sales, Subscription SaaS

AI Layer

Infrastructure

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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ADASTEC Corp. Comparables

Compare ADASTEC Corp. with similar companies based on industry and business-model similarity.

ADASTEC Corp. comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
May Mobility
81%
Perrone Robotics, Inc.
79%
Imagry
79%
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ADASTEC Corp. Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundJul 11, 2025
GrantJul 29, 2024
SeedMar 19, 2024
DebtJun 22, 2023
GrantMay 7, 2020
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Key People

Founding team and executive leadership

Kerem Par

Co-Founder, CTO

Founding Team

Murat Emre Duman

Co-Founder Chief Operating Officer

Founding Team

Ali Ufuk Peker

CEO

Executive Team

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ADASTEC Corp. Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 10, 2026

    Integrating flowride.ai with Karsan's e-JEST and Beep's expertise.

  • Apr 28, 2026

    Partnered with MAN Truck & Bus for autonomous electric bus trials in Germany.

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ADASTEC Corp. Filings

Explore SEC and related filing metadata, where available.

ADASTEC Corp. filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about ADASTEC Corp.'s valuation, stock price, and market status.

Is ADASTEC Corp. a public or private company?

ADASTEC Corp. is a private company.

What is the current stock price of ADASTEC Corp.?

ADASTEC Corp. is a private company, so its shares have no public market price. Caplight tracks ADASTEC Corp.'s secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is ADASTEC Corp. worth (valuation)?

ADASTEC Corp.'s valuation is estimated at $152.8M based on funding round data.

Can I buy ADASTEC Corp. stock?

ADASTEC Corp. shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was ADASTEC Corp.'s last funding round?

ADASTEC Corp.'s most recent funding round was VC Round on July 11, 2025.

Who are the main investors in ADASTEC Corp.?

Key investors in ADASTEC Corp. include APY Ventures.

Will ADASTEC Corp. IPO soon?

No public IPO plans have been announced for ADASTEC Corp..

How can I track ADASTEC Corp. secondary market activity?

Caplight tracks bids, offers, and trades in ADASTEC Corp.'s shares on secondary markets.

Firmographic Details

HeadquartersEast Lansing, Michigan
Employee Range107
Year Founded2018
Last FundingJul 11, 2025

Institutional Data Access

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