P-APT

Provizio Accident Prevention Technology™ Platform

Grant period2020-07-01 - 2022-06-30
Funding bodyEuropean Union
Call numberH2020-EIC-SMEInst-2018-2020-3
Grant number960667
IdentifierG:(EU-Grant)960667

Note: Provizio is radically transforming vehicle safety with our proprietary Accident Prevention Technology (APT) platform. Human error is the fault in 90% of car accidents. Over 1.35 million people are killed every year on the road (equivalent to 20 airplane crashes every single day) + 50 million injuries [World Health Organisation] = a cost USD $24 trillion (2%+ of worldwide GDP) [International Road Assessment Programme, iRAP] . More than $80 billion has been invested in ADAS over the last 5 years [Brookings Institute]…with zero impact on road deaths. Provizio was founded by a team of automotive and aerospace industry veterans with a mission to use advanced technology to reduce the devastation caused by road accidents. Our skill sets include entrepreneurship, scaling start-ups to exit, VC fund raising, building strong defensible IP portfolios as well as an enviable track record in developing the most advanced technology in automotive radar. This proposal outlines the further development of the APT Platform. APT combines proprietary vision sensors and machine learning to see further, wider and through obstacles, detecting danger in all-weather conditions and applying predictive analytics in real time to augment driver behaviour…and prevent accidents.
   

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 Record created 2021-10-10, last modified 2023-02-19