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Ride Vision Gives Motorcycles 360° Predictive Vision

Journey Imaginative and prescient Secures Seed Investment To Carry The Global’s First Collision Aversion Era To Any Motorbike With Same old & Cameras

NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–June 14, 2018–

Israeli startup Journey Imaginative and prescient these days presented the sector’s first Collision Aversion Era giving any bike 360º Predictive Imaginative and prescient. Backing for this expertise bringing unparalleled coverage and keep watch over for bike riders used to be led by means of YL Ventures with seed $2.5M investment.

Call for for automobile protection has all the time been a most sensible precedence within the car trade, just lately intensified with the proliferation of ADAS (Complicated Motive force Help Methods) and applied sciences advanced to save you collisions. With the upward thrust of independent cars, ADAS techniques are turning into a core characteristic in trendy cars. Satirically the upper chance two-wheel marketplace has been lost sight of regardless of the February 2018 NHTSA (Nationwide Freeway Site visitors Protection Management) file that motorcyclist fatalities came about just about 28 instances extra ceaselessly than passenger automotive occupant fatalities in site visitors crashes. EU statistics display an identical information.

Journey Imaginative and prescient has triumph over the technological, price and dimension boundaries fighting ADAS life-saving answers for bikes till now. Journey Imaginative and prescient’s CAT™ – Collision Aversion Era is a fusion of a neural community founded deep finding out platform and pc imaginative and prescient that permits an correct, reasonably priced, life-saving resolution for any bike, with out the desire for complicated or dear cameras. CAT™ sensors stumble on threats past the rider’s sight, are expecting chance and spotlight the related risk for the rider, all in 100s milliseconds – one-tenth of a 2nd. This life-saving expertise for the brand new and skilled rider supplies virtually immediate 360º collision coverage with out distracting the rider’s focal point.

“Whilst ADAS twist of fate prevention applied sciences have turn into same old in vehicles, there’s nice doable to unravel this downside for the underserved bike marketplace that accounts for 17% of all driving force and passenger site visitors fatalities,[1]” stated Yoav Leitersdorf, managing spouse at YL Ventures, who led the Journey Imaginative and prescient investment spherical. “Uri and Lior are an overly robust crew and avid riders themselves, uniquely poised to serve this nice marketplace problem with state of the art pc imaginative and prescient and deep finding out.”

In keeping with 2018 Statista figures, 132.four million bike devices will be bought international in 2018, and a Truth.MR 2017 analysis file displays that the worldwide bike marketplace will achieve $150 billion in 2022. NHTSA reported five,286 deadly bike crashes in 2016 within the U.S. by myself, a five.1% build up from 2015.

“Bike riders are usually coordinated, alert and really a lot in music with the street. Now we have a unique dating with the street, however sadly many components past our keep watch over build up chance of collision and the prime pace, light-weight, absolutely uncovered nature of the motorbike makes collisions extra bad,” defined Uri Lavi, CEO & Co-Founding father of Journey Imaginative and prescient. “As riders ourselves, we determined to use our deep finding out and complex imaginative and prescient expertise experience to conquer the associated fee and technological demanding situations required to deliver any motorbikes and their riders the facility to look, are expecting and save you collisions with expertise good sufficient to leverage same old and cameras, turning in caution alerts inside 100 milliseconds, with out stressful the rider’s focal point.”

“The corporate’s vision-based collision avoidance machine will permit a complete new technology for bikes, expanding their protection and offering an stepped forward using revel in. We’re extremely joyful to enroll in their adventure to turn into chief on this first of many extremely horny markets for his or her groundbreaking Collision Aversion Era,” Leitersdorf added.

About Journey Imaginative and prescient

Journey Imaginative and prescient used to be created by means of technologists by means of day, bike riders by means of highway, to provide any bike Predictive Imaginative and prescient. Journey Imaginative and prescient’s pc imaginative and prescient and neural community founded CAT™ – Collision Aversion Era leverages same old and cameras to sense, are expecting and warn riders of threats at the highway. Journey Imaginative and prescient may also be included into any new or traded motorbikes of any worth vary.

About YL Ventures

YL Ventures budget & helps sensible Israeli tech marketers from seed to steer. Based totally in Silicon Valley and Tel Aviv, YL Ventures manages $135 million throughout 3 budget fascinated by seed-stage, deep-technology B2B corporations within the fields of cybersecurity, endeavor device and car applied sciences. YL Ventures hurries up the evolution of portfolio corporations by means of strategic recommendation and US-based operational execution.

Editors’ Word: Further art work is to be had upon request.

gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw== - Ride Vision Gives Motorcycles 360° Predictive Vision

Journey Imaginative and prescient
Uri Lavi, 972-50-777-6637
CEO & Co-Founder
uri.lavi@trip.imaginative and prescient
or
YL Ventures
Sharon Seemann, 972-54-7570671
sharon@ylventures.com
or
Ignite X
Carmen Hughes, 650-576-6444
carmen@ignitepr.com

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