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Smart Radar System
Smart Radar System is a startup developing radar solutions for autonomous cars and industrial applications
About Smart Radar System
Smart Radar System Inc. is a technology company specializing in advanced radar systems designed to provide real-time 3D data visualization. The company serves a wide range of clients, including research institutions, industrial firms, and technology developers, operating primarily in the high-tech and research markets. Its business model revolves around the development, production, and sale of sophisticated radar sensors and systems. Revenue is generated through the sale of these radar products, as well as through potential licensing agreements and partnerships.
Smart Radar System's core offerings include state-of-the-art radar technology capable of measuring intricate details of target objects. This technology is underpinned by extensive research and development in RF antenna design, hardware mechanics, radar signal processing, and software algorithms, including the integration of machine learning and big data. The company's products are designed to be versatile and applicable in various fields, from industrial automation to scientific research.
The company is headquartered in South Korea, with an additional office in Irvine, California, USA. Smart Radar System prides itself on its team of dedicated engineers and specialists who are passionate about pushing the boundaries of radar technology. The company aims to make radar technology as ubiquitous and beneficial as other common sensors, emphasizing its potential for everyday use.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 2017
- Headquarters
- Seongnam-si, South Korea
- Listing
- IPO 2023
- Employees
- 28
- Open positions
- None listed
- Dealroom signal
- 64.1/100
- Industry
- Transportation
- Sector
- Transportation, Automotive
- Client focus
- b2b
- Investment activity
- 1 company, latest Aug 2024
- Capital deployed
- $1.7M
- Preferred round
- EARLY VC
- Links
- Website
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO EQUITY✓Other financing | Sep 2025 | $4.2M | $87M | LG Innotek | ↗ |
| IPO✓Exit | Aug 2023 | $100M | — | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
| Year | Revenue | Growth |
|---|---|---|
| 2026 | $7.8M | 0% |
| 2025 | $7.8M | +97.9% |
| 2024 | $3.9M | +15.3% |
| 2023 | $3.4M | +1.9% |
| 2022 | $3.4M | +14.3% |
| 2021 | $2.9M | -25.5% |
| 2020 | $3.9M | — |
Growth signals
Latest recorded traffic for Smart Radar System is 2.5K monthly website visits, down 10.7% over the last three months. Smart Radar System's team grew 0% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A11 investors entered at this stage
- MPMurex Partners
- HPHyundai Investment Partners
Kakao Ventures
Hemi Ventures
Evergreen Investment Partners
Korea Investment Partners
BSK Investment
Nexty
NEXTY Electronics
Sparx Group- GPGU Equity Partners
Series B and later1 investor entered at this stage
LG Innotek
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Smart Radar System on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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