Key facts
- Adastec’s last known valuation is $100.0M (Oct 2023).
- It has raised $12.9M across 1 recorded rounds; the latest was Seed Round ($2.8M) in Jul 2025.
- Notable investors include Plug and Play Tech Center, Keiretsu Forum, Michigan Rise, APY Ventures, Turkey Development Fund — 12 tracked in total.
- Adastec has filed 2 Form Ds with the SEC since 2022, most recently Jul 2025 ($2.8M sold to 2 investors).
- Status: Privately Held (backing).
- ·Post-money valuations for all 1 rounds
- ·The complete investor list — 12 names
- ·Watchlist + deal alerts for Adastec
Funding rounds
1 roundsAbout Adastec
Developer of an automated transportation platform intended to offer full-speed electric public transit buses. The company's platform deploys full electric, sensor-based automated buses and an open mobility platform along with proprietary cloud, derive and apps, enabling OEMs to develop modern, automated, shared, and connected commercial vehicles.
- Sector
- Information Technology
- HQ
- East Lansing, MI, United States
- Founded
- 2018
- Employees
- 89
- Website
- adastec.com/
- Ownership
- Privately Held (backing)
Adastec doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.
Recorded secondary trades
No secondary trades in Adastec shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on Adastec in its N-PORT filings yet. We sweep new filings monthly.