East Lansing, MI · Founded 2018 · Privately Held (backing)
Developer of an automated transportation platform intended to offer full-speed electric public transit buses. Adastec is based in East Lansing, MI and was founded in 2018. Its last reported valuation was $100 million in Oct 2023. It has raised $12.9 million across 1 recorded round; the latest was a $2.8 million seed round in Jul 2025.
Last reported valuation
$100.0M
Oct 2026
Priced at
—
Total raised
$12.9M
Last round
Seed Round
Jul 2025
Cap table — not yet on record
Adastec's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.
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·The complete investor list: 12 names
·Watch Adastec: the Monday email on marks, rounds and moves