Israel-based start-up AdaSky raises USD20 million from Sungwoo Hitech

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AdaSky to use fund for R&D projects and trials with OEMs

Israel-based start-up AdaSky has received USD20 million investment from the South Korean automotive supplier Sungwoo Hitech, the company said in a press release on 15 November. The investment is a part of a larger round of funding by AdaSky which specializes in far-infrared (FIR) camera technology for autonomous driving vehicles.

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