Last updated 2026-07-26
- Acquired by Snap, Apr 2022
- Raised $5M Series A, Jan 2019
- Raised $3M Seed round, Feb 2018
Total raised
$8.0M
Last: Undisclosed Round 2019-02
Stage
Acquired
Founded
2010
Headcount
4
HQ
Tel Aviv-Yafo, Israel
Sector
Energy Tech
About
Adshir is a graphics technology company delivering a real-time augmented-reality (AR) ray-tracing technology that enables high-quality AR graphics for battery-powered devices. The company is the developer of LocalRay, a software development kit designed for augmented and virtual reality applications. LocalRay is fully compatible with AR/VR engines such as Unity, Unreal, ARKit, and ARCore.
Funding history · 2 rounds · $8.0M total
2019-01
A Round
$5.0M
2018-02
Seed
$3.0M
Headcount over time
From 4 (2019-04) to 4 (2023-12) · +0 (+0%) · 3 points · source: Finder history + radar grounding
Q&A
- What is Adshir's primary business?
- Adshir is a graphics technology company that develops real-time augmented-reality (AR) ray-tracing technology to enable high-quality AR graphics for battery-powered devices. Their core product is LocalRay, a software development kit for AR/VR applications compatible with engines like Unity, Unreal, ARKit, and ARCore.
- When was Adshir founded?
- Adshir was founded in February 2010.
- What is the current status of Adshir?
- Adshir was acquired by Snap in April 2022 and is currently inactive.
- How much funding has Adshir raised in total?
- Adshir has raised a total of $8,000,000 USD across its funding rounds.
- When was Adshir's last funding round and what type was it?
- Adshir's last funding round was an A Round in February 2019, raising $5,000,000.
- Who is the founder and CEO of Adshir?
- The founder and CEO of Adshir is Reuven Bakalash.
- What is Adshir's employee count?
- Adshir has 4 employees, falling within the 1-10 employee bucket.
- Where is Adshir's headquarters located?
- Adshir's headquarters is located in Tel Aviv-Yafo, Israel.
Team · 1
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Energy TechEnergy Management & Grid Integration
Technologies
Platforms & InterfacesSoftware
Target customers
Communication ServicesWireless & MobileMobile Devices
Business model
B2B
Highlights
1 PatentsVerified
Tags
software-applicationscomputer-visionartificial-intelligenceaugmented-realitygraphic-designvirtual-realityconsumer-goodsoptronics
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | www.adshir.com |
|---|---|
| linkedin.com/company/18658513 | |
| facebook.com/Adshir-The-future-of-Graphics-for-ARVR-worlds-9 | |
| YouTube | youtube.com/channel/UC_tjjKdPNclSbA5qmfZuIIA |
Identifiers & details
| Founded | 2010-2 |
|---|---|
| Employees (exact) | 4 |
| Status reason | Acquired (Inactive) by Snap on Apr 2022 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Snap 2022-04
Radar intelligence
Patents
| EPO | 17 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 514414531 |
|---|---|
| Status | מחוסלת עקב מיזוג — CLOSED |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2010-02-25 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2020 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | אלון יגאל 94 תל אביב - יפו |