Dublin’s Luna bags €1.5m to bring its AI safety camera to market
Dublin-based Luna Systems has secured €1.5 million in funding to bring its AI-powered cycling safety camera to the market, a move signaling growing investment in European tech innovation. The device, designed for cyclists, highlights the ongoing trend of leveraging artificial intelligence for enhanced safety features within consumer products. Luna's upcoming product is a rear-facing AI camera, which will be coupled with a smartphone application. The company plans to launch the product later this year, suggesting a relatively quick turnaround from funding to market availability. This focus on consumer-facing AI products is becoming more common in the European tech landscape. The development affects cyclists, offering them a new layer of safety through AI-driven technology. Furthermore, this investment underscores Europe's growing interest in developing homegrown technology solutions. This may drive further innovation in the consumer tech space, with potential benefits for both individuals and the local economy.
Curated and translated by Europe Digital for our multilingual European audience.
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