Photo - ROTheM
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
Min investment
$  50.000
Total required
$ 100.000
Rating
equalizer 138 из 1000
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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

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

Photo 1 - ROTheM

Website address

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Website address