[Ride Vision in ZDNet] Can collision-aversion make motorcycles safer?

Motorcycles offer riders unparalleled freedom, but it comes at a steep price. Can technology help?

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[Ride Vision in Times of Israel] Ride Vision raises $7 million from investors in bid to make motorcyclists safer

Herzliya-based startup strikes partnership with German car-parts maker Continental; its tech uses cameras on motorcycle and algorithms to alert drivers to cars, road conditions

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[Ride Vision in TechCrunch] Ride Vision raises $7M for its AI-based motorcycle safety system

Ride Vision, an Israeli startup that is building an AI-driven safety system to prevent motorcycle collisions, today announced that it has raised a $ 7 million Series A round led by crowdsourcing platform OurCrowd. YL Ventures, which typically specializes in cybersecurity startups but also led the company’s $ 2.5 million seed round in 2018, Mobilion VC and motorcycle mirror manufacturer Metagal also participated in this round. The company has now raised a total of $ 10 million.

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[OurCrowd in TechCrunch] Ride Vision raises $7M for its AI-based motorcycle safety system

Ride Vision, an Israeli startup that is building an AI-driven safety system to prevent motorcycle collisions, today announced that it has raised a $ 7 million Series A round led by crowdsourcing platform OurCrowd. YL Ventures, which typically specializes in cybersecurity startups but also led the company’s $ 2.5 million seed round in 2018, Mobilion VC and motorcycle mirror manufacturer Metagal also participated in this round. The company has now raised a total of $ 10 million.

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[Ride Vision in Venture Beat] Ride Vision raises $7 million for AI that alerts motorcycle riders to collision threats

Ride Vision, a startup developing “collision aversion” technology for motorcycles, today emerged from stealth with a $ 7 million round led by investment platform OurCrowd. Ride Vision also unveiled an AI-driven safety alert system called Ride Vision 1 that will go on sale in several European countries in early 2021. A spokesperson said the fresh capital will be used for marketing, distribution, and R&D as the company looks to expand its 20-person team.

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The post [Ride Vision in Venture Beat] Ride Vision raises $ 7 million for AI that alerts motorcycle riders to collision threats appeared first on OurCrowd Blog.

OurCrowd Blog

Ride Vision raises $7M for its AI-based motorcycle safety system

Ride Vision, an Israeli startup that is building an AI-driven safety system to prevent motorcycle collisions, today announced that it has raised a $ 7 million Series A round led by crowdsourcing platform OurCrowd. YL Ventures, which typically specializes in cybersecurity startups but also led the company’s $ 2.5 million seed round in 2018, Mobilion VC and motorcycle mirror manufacturer Metagal also participated in this round. The company has now raised a total of $ 10 million.

In addition to this new funding round, Ride Vision also today announced a new partnership with automotive parts manufacturer Continental .

“As motorcycle enthusiasts, we at Ride Vision are excited at the prospect of our international launch and our partnership with Continental,” Uri Lavi, CEO and co-founder of Ride Vision, said in today’s announcement. “This moment is a major milestone, as we stride toward our dream of empowering bikers to feel truly safe while they enjoy the ride.”

The general idea here is pretty straightforward and comparable with the blind-spot monitoring system in your car. Using computer vision, Ride Vision’s system, the Ride Vision 1, analyzes the traffic around a rider in real time. It provides forward collision alerts and monitors your blind spot, but it can also tell you when you’re following another rider or car too closely. It can also simply record your ride and, coming soon, it’ll be able to make emergency calls on your behalf when things go awry.

As the company argues, the number of motorcycles (and other motorized two-wheeled vehicles) has only increased during the pandemic, as people started avoiding public transport and looked for relatively affordable alternatives. In Europe, sales of two-wheeled vehicles increased by 30% during the pandemic.

The hardware on the motorcycle itself is pretty straightforward. It includes two wide-angle cameras (one each at the front and rear), as well as alert indicators on the mirrors, as well as the main computing unit. Ride Vision has patents on its human-machine warning interface and vision algorithms.

It’s worth noting that there are some blind-spot monitoring solutions for motorcycles on the market already, including those from Innovv and Senzar. Honda also has patents on similar technologies. These do not provide the kind of 360-degree view that Ride Vision is aiming for.

Ride Vision says its products will be available in Italy, Germany, Austria, Spain, France, Greece, Israel and the U.K. in early 2021, with the U.S., Brazil, Canada, Australia, Japan, India, China and others following later.

Startups – TechCrunch

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Dutch startup Amber launches new service to simplify car-sharing with 100% ride guarantee

Right now, car sharing is becoming increasingly popular in the Netherlands due to various factors – good for the environment, cost-effective, no need for a parking space or a parking permit, and no fixed monthly costs. Based out of Eindhoven, Amber is a fusion of an intelligent car-sharing platform with a modular, autonomous, and customizable electric car designed specifically to be shared. 

Launching a new service

Recently, the car-sharing platform has launched a new service that allows users to pick up or drop off an Amber car on virtually any street corner. Notably, Amber is the first company to bring in this service to make car sharing easy and accessible. Right from September 1, all of Eindhoven will be an Amber hub, which means you can pick up or drop off your Amber anywhere in the service area. But if you happen to live a bit further away, you can now have an Amber car delivered to a location near you.

Hans de Penning, Amber’s CEO: “Initially, Amber was mainly suited to drivers who either worked for one of our corporate clients or lived near a hub. This service makes Amber available to many more people. If it is successful, we intend to expand it to other cities where Amber already has several hubs. The advantage of having your own car is that you can use it wherever and whenever you want. It gives you a sense of freedom. Amber already offered its users the certainty of having a car available at any time. Now we are giving them that extra bit of freedom by bringing the cars to them.”

Offers guaranteed, on-demand mobility at all times

According to the Royal Dutch Touring Club ANWB, the average mid-range car costs around €600 per month. However, the biggest obstacle to driving a shared car is the fear of not having a car available when you need it. And that’s where Amber offers a 100% trip guarantee. Founded by Merien ten Houten, Steven Nelemans, Amber works with over 300 employers and more than 9,000 users.

Monique List-de Roos, Alderman responsible for mobility: “More and more people are moving to Eindhoven city centre. The city is getting busier all the time. That means we have to take a different approach to mobility. Shared mobility is a wonderful way of contributing to a healthy, safe, and accessible city. I am really happy that this new service makes Amber’s shared electric cars available to many more people. We can use this, together with other shared mobility options, as a friendly way to encourage people to change their behaviour. Plus, it helps to keep the city accessible.”

Main image credits: Amber

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