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First ever AI Powered advanced cane

Germany
Market: Information and media, Mechanical engineering, Telecommunications, Electronics
Stage of the project: Operating business

Date of last change: 19.11.2019
Min investment
$  5.000
Show contacts
Total required
$ 100.000
Rating
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Idea

DT cane is not a simple smart cane, which exists in the market right now. It's a learning machine, which interacts with the user based on the user's habit and surroundings. We are the pioneer of this technology. And the technology does not exist in the market right now. Most of the features are not shown on the website for security reasons. DT even allows visually impaired people to go hiking alone. DT is not only producing cane, but DT also has several other patented medical devices in its portfolio that are being developed at our factory in Japan and Germany.

Current Status

Here is a summary of our company:

DT cane is the most technologically advanced cane which allows a visually impaired person to lead a normal life. We offer flexible financing with 3 years of warranty.whereas total addressable market 30 billion Euros.

#Hundreds of customer inquiries every day
#100k+ website visit
#Hundreds of call back request from the potential customers
#Patent protection
#Several Govt. agencies are interested to work with us
#We are working with visually impaired clubs, organizations, hospitals, health professionals around the world
#Secured Angel capital 1420000 Euros
#Outstanding receivables of 30k
#Several patented product in our product portfolio
#Expected revenue of 4753824 euros in 2019, 5307644 euros in 2020, 7853961 euros in 2021

Market

Total available market(TAM) 50 billion euros

Problem or Opportunity

The esmated number of people visually impaired in the world is 285 million, 39 million blind and 246 million having low vision; 65 % of people visually impaired and 82% of all blind are 50 years.

Some of the problems visually impaired people faces:

#Problems in moving from one location to another.
#Navigating the house in places such as Kitchen, Bedroom and Washroom.
#Cooking.
#Accessing public means of transport.
#Taking a walk outside their houses.
#Challenges in case of an emergency


DT cane is the solution:

#First-ever smart cane for the visually impaired.

#An intelligent system that gives visually impaired people the freedom to independently carry out their day-to-day tasks.

#Allows user Freedom to enjoy life in a way that a person with full sight would expect to.

#Earlier solutions for visually impaired people still have safety issues.

#It has made the impossible possible by giving the visually impaired the opportunity to do those things that they never imagined they could.

Solution (product or service)

First ever smart cane for the visually impaired.

An intelligent system that gives visually impaired people the freedom to independently carry out their day-to-day tasks.

Allows user Freedom to enjoy life in a way that a person with full sight would expect to.

Earlier solutions for visually impaired people still have safety issues.

It has made the impossible possible by giving the visually impaired the opportunity to do those things that they never imagined they could.

Competitors

DT cane is the first ever AI powered cane.

Advantages or differentiators

DT cane is the first ever AI powered cane.

Finance

Hundreds of customer inquiries every day
100k+ website visit
Hundreds of call back request from the potential customers
Check testimonials from visually impaired peoples around the world
Patent protection
Several Govt. agencies are interested to work with us
We are working with visually impaired clubs, organizations, hospitals, health professionals around the world
Secured Angel capital 1420000 Euros
Outstanding receivables of 30k
Several patented product in our product portfolio
Expected revenue of 4753824 euros in 2019, 5307644 euros in 2020, 7853961 euros in 2021

Business model

Its a B2B2C and we are charging for the Hardware and small fees for the services(incurred monthly)

Money will be spent on

The fund will be used to source pre-orders of 2k DT canes.

Offer for investor

We will discuss during meeting

Team or Management

Risks

There is no risk for the business at this moment. And the investment is totally secured.

Incubation/Acceleration programs accomplishment

Participated in acceleration programs

Won the competition and other awards

The winner of Dubai competition

Invention/Patent

Its patent protected

Product Video

Website address

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Website address