39204
ROTheM
Active safety system for bicycle
Ukraine, Kyiv city
Market: Transport, Electronics, Robotics, Artificial Intelligence
Stage of the project: Idea or something is already done
Date of last change: 11.06.2019
Ukraine, Kyiv city
Market: Transport, Electronics, Robotics, Artificial Intelligence
Stage of the project: Idea or something is already done
Date of last change: 11.06.2019
Min investment
$ 50.000
$ 50.000
Idea
It is a rear-view camera with radar and backlight for a bicycle, which predicts collisions from behind and warns cyclists and vehicle's driver
Current Status
The prototype is ready, and we are building MVP and increase value in the cyclist community
Market
Global safety equipment market value is $9B, will be $13B in 2025
Problem or Opportunity
75% of road accidents with cyclists happen when vehicles hit bicycles from behind.
Solution (product or service)
We are building a rear-view camera with AI to predict collisions from behind the bicycle and automatically warn appropriate vehicle’s driver by sending sound signals and flashes of a backlight
Competitors
Garmin radar
https://www.amazon.com/Garmin-RTL510-Cycling-Rear-Approaching-Vehicles/dp/B07C9PKSCK
Cycliq camera
https://www.amazon.com/CYCLIQ-Fly6-Bike-Camera-Light/dp/B077NNSRDL
https://www.amazon.com/Garmin-RTL510-Cycling-Rear-Approaching-Vehicles/dp/B07C9PKSCK
Cycliq camera
https://www.amazon.com/CYCLIQ-Fly6-Bike-Camera-Light/dp/B077NNSRDL
Advantages or differentiators
Our device has radar, camera and AI to predict collisions, none of our competitors has such a system.
Finance
Target price - $275 per device.
Business model
Direct sales, subscription for additional functions
Money will be spent on
Promotion, CES 2020. and crowdfunding company.
Team or Management
Risks
The technology could be not so good in the beginning, but with OTA updates we will increase quality.
Photos
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