Company Overview
Snapshot
Founded in April 2017 by Erez Aluf and Yair Beery, ADAM CogTech operates with 1–10 employees. The company has secured funding across one disclosed round from two investors. In June 2020, ADAM CogTech raised $2 million in a Seed round.
Business overview
ADAM CogTech develops software solutions designed to measure and enhance human cognitive performance in safety-critical operations, such as driving and human-machine interaction. The company's core product, ADAM DETECT, is a non-intrusive system that assesses a driver’s cognitive resources, identifying early indicators of impairment due to factors like alcohol, substance abuse, or fatigue. Operating within the Automotive & Mobility Technologies sector, ADAM CogTech serves markets across the Americas, Europe, and Asia, focusing on driver safety and smart mobility.
Strategic signal
In June 2020, ADAM CogTech secured $2 million in Seed funding, indicating investor confidence in its driver attention and awareness technology. This investment highlights the growing market demand for advanced safety solutions in the automotive industry and signals the company's potential to further develop and commercialize its ADAM DETECT system, which addresses critical issues of cognitive impairment in driving.
Company Intelligence Q&A
- What is ADAM CogTech's primary focus?
- ADAM CogTech focuses on providing software solutions for measuring and enhancing human cognitive performance in safety-critical operations, particularly driving and human-machine cooperation.
- What is the ADAM DETECT system?
- The ADAM DETECT system is a non-intrusive technology developed by ADAM CogTech that measures a driver’s cognitive resources, including early indications of cognitive impairment from factors like alcohol, substance abuse, or fatigue.
- When was ADAM CogTech founded?
- ADAM CogTech was founded in April 2017.
- Which investors participated in ADAM CogTech's Seed funding round?
- In June 2020, ADAM CogTech received Seed funding from Delphi Technologies and Mobilion Ventures.
- What is ADAM CogTech's current product stage?
- ADAM CogTech's product, ADAM DETECT, is currently in the R&D stage, as of May 2023. The company is actively developing and refining this non-intrusive system designed to measure driver cognitive resources and detect impairment.