Eye-Net Mobile
Cellular-based V2X accident prevention software solution.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
* | N/A | $2.8m Valuation: $45.0m | Seed |
| Total Funding | 000k | ||
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Eye-Net Mobile, a subsidiary of Foresight Autonomous Holdings (NASDAQ: FRSX), designs and develops cellular-based V2X (vehicle-to-everything) accident prevention solutions. The project began within Foresight Automotive before being established as a separate company in May 2018. The company's founder is Haim Siboni, who also serves as Chairman and is the CEO of the parent company, Foresight Autonomous Holdings.
The firm's core offering is a software-based platform that provides real-time, pre-collision alerts to vehicles and vulnerable road users, including pedestrians, cyclists, and scooter drivers, by leveraging existing cellular networks and smartphones. The technology is designed to complement traditional Advanced Driver Assistance Systems (ADAS) by providing alerts for dangers that are beyond the vehicle's direct line of sight. It utilizes advanced algorithms and predictive analytics to analyze user trajectories, predict collisions, and compensate for network latency to deliver timely warnings.
Eye-Net Mobile's business model is B2B, targeting integration into third-party applications and automotive systems. The company offers its solution as a Software Development Kit (SDK) for developers of location-based applications like navigation, parking, and shared micromobility apps. For the automotive industry, its Eye-Zone™ product is an OS-agnostic solution for seamless integration into vehicle systems. This approach is designed to create new revenue streams for its customers through premium features and market differentiation. The company has engaged in numerous proof-of-concept (POC) projects and collaborations with major global players, including a leading European vehicle manufacturer, SoftBank, and Orange S.A., to validate and deploy its technology in real-world urban environments.
Keywords: V2X, collision prevention, road safety, cellular V2X, ADAS, accident alerts, vulnerable road user protection, smart mobility, connected vehicles, automotive technology, SDK, pre-collision system, predictive alerts, beyond line of sight, software defined vehicle, telematics, micromobility safety, pedestrian safety, cyclist safety, automotive software