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ADASTEC Corp.

ADASTEC Corp.

Private
East Lansing, MichiganMobility, Transportation & Logisticshttps://www.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. 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, Computer Vision

Business Model

B2B

Customer Profile

Subscription SaaS, Hardware Sales

AI Layer

Infrastructure

Keywords

autonomous driving softwareself-driving busautonomous vehicle platformAV stackSAE level-4driverless transitpublic transit automationautonomous shuttleautonomous mobilitysensor fusionfleet managementrobotaxi techB2BB2G

Historical Pricing

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Caplight Momentum Score

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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%

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

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

ADASTEC Corp. Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 28, 2026

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

  • Apr 8, 2026

    Completed a six-month project with RATP Group for autonomous vehicle technology.

Recent news

Latest coverage and updates

  • launchesJul 3, 2026

    Adastec Corp. launched Autonomous e-ATAK on Jul 1st '21.

ADASTEC Corp. Filings

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ADASTEC Corp. filings preview — column headings only; records require access
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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 with no public stock price. No recent secondary market data is available.

How much is ADASTEC Corp. worth (valuation)?

ADASTEC Corp.'s valuation is estimated at $150.0M 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. Visit https://www.caplight.com to learn more.

When was ADASTEC Corp.'s last funding round?

ADASTEC Corp.'s most recent funding round was Grant on June 22, 2023.

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 for private companies. Visit https://www.caplight.com to monitor ADASTEC Corp.'s secondary market activity and sign up for updates.

Firmographic Details

HeadquartersEast Lansing, Michigan
Employee Range105
Year Founded2018
Last FundingJul 11, 2025

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