Ada is a technology company.
Ada is a technology company.
Ada has raised $188.0M across 3 funding rounds.
Ada has raised $188.0M in total across 3 funding rounds.
Ada has raised $188.0M in total across 3 funding rounds.
Ada's investors include Accel, Bessemer Venture Partners, BoxGroup, Bullpen Capital, Deciens Capital, FirstMark Capital, FPV Fund, Giant Ventures, Spark Capital, Third Sphere, Tribe Capital, Y Combinator.
# Ada Technologies: A High-Tech Manufacturing Company
Ada Technologies is a Colorado-based manufacturing and technology development company specializing in advanced energy storage solutions, primarily serving Department of Defense applications.[1][4] Founded in 1985 and headquartered in Englewood, Colorado, the company operates as a veteran-owned and managed small business with an integrated R&D division that develops cutting-edge technologies for transition to manufacturing.[4]
The company's core mission is to identify, develop, manufacture, and deliver innovative products that satisfy the needs of advanced market customers through customized product solutions.[1] Ada Technologies has raised approximately $650,000 in total funding and maintains ISO 9001:2015 certification for its manufacturing operations.[2][4] The organization recently expanded to a 32,000 square-foot customized facility that houses both manufacturing and R&D operations, complete with specialized dry room capabilities and laboratory space.[4]
Ada Technologies was established in 1985, positioning it as an established player in the technology development and commercialization sector.[2] The company evolved from its founding to become a specialized manufacturer focused on energy storage and advanced materials, with particular emphasis on government contracting. Its veteran-owned status reflects a commitment to supporting America's defense and security needs, which has shaped its primary customer base and product focus toward Department of Defense applications.[4]
The company's development trajectory demonstrates a deliberate strategy of combining R&D innovation with manufacturing capability—a synergistic approach that allows continuous product development while maintaining production capacity for current customers.[1]
Ada Technologies operates within the advanced energy storage sector, a critical area of technological development driven by increasing demand for sophisticated power solutions in defense, aerospace, and specialized industrial applications.[2] The company's focus on energy storage—including battery types and capacitor technologies—positions it within a broader ecosystem of 5,350+ companies developing energy storage solutions globally.[2]
The timing is significant: as defense modernization accelerates and energy storage becomes increasingly central to military capabilities, specialized manufacturers with government contracting expertise and proven manufacturing quality become more valuable. Ada's ISO certification, DCAA-approved systems, and DoD focus align it with long-term trends in defense technology advancement and supply chain security.
Ada Technologies represents a niche but strategically positioned player in the advanced energy storage market, with particular strength in government contracting. The company's recent facility expansion and sustained patent activity suggest confidence in continued growth within its specialized DoD customer base. As defense budgets remain robust and energy storage technology becomes increasingly critical to military systems, Ada's combination of manufacturing excellence, R&D capability, and government contracting infrastructure positions it well for sustained relevance.
The company's future likely depends on its ability to expand its customer base beyond DoD applications while maintaining its core government contracting strength, and on continued innovation in energy storage technologies that remain competitive with larger, better-capitalized competitors.
Ada has raised $188.0M across 3 funding rounds. Most recently, it raised $130.0M Series C in May 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2021 | $130.0M Series C | Accel, Bessemer Venture Partners, BoxGroup, Bullpen Capital, Deciens Capital, FirstMark Capital, FPV Fund, Giant Ventures, Spark Capital, Third Sphere, Tribe Capital, Y Combinator, Immad Akhund, Othman Laraki, Scott Belsky | |
| Mar 1, 2020 | $44.0M Series B | Accel, Bessemer Venture Partners, BoxGroup, FirstMark Capital, FPV Fund, Scott Belsky | |
| Dec 1, 2018 | $14.0M Series A | BCF Ventures, Bessemer Venture Partners, BoxGroup, BoxOne Ventures, FirstMark Capital, FPV Fund, Radical Ventures, Scott Belsky |