PreAct raises $1.6M from Sony, others to assist stop street traffic crashes with car-sensing tech
1 min readHighway site visitors crashes destroy about 1.35 million men and women around the globe every yr. Even with much more advanced collision warning devices now constructed into autos, crashes in the U.S. have risen additional than 12% due to the fact 2011.
Now a Portland startup wants to curb those figures with new crash-sensing technology.
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PreAct raised $1.6 million in a round led by Alpha Bridge that bundled participation from elev8.vc and Sony’s undertaking money arm, Sony Innovation Fund.
Started in 2018 just after spinning out of a protection contractor firm known as Artis, PreAct’s computer software takes advantage of in close proximity to-field sensors to help feeling a vehicle’s environment. The technological know-how was at first developed to safeguard armed forces cars from missiles. It will allow cars and trucks to modify suspension and seating positions to much better prepare for impression. This video reveals the computer software in action.
The 9-human being business sells to automotive basic safety suppliers car manufacturers auto insurance policies providers and extra. It also will work with self-driving firms. PreAct’s tech will be highlighted in 2024 and 2025 vehicles.
Complete funding is $3.8 million to day. PreAct is led by CEO Paul Drysch, who beforehand worked at Aeris, Cisco, RideCell, and Civil Maps.