Seed Round Common Shares
11% equity
$2M pre-money
$50K raised
$250K target raise
Investors
Enchant.vc accelerator
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Enchant.vc accelerator We enchant your technology & bring it to mass market!
We are a tech startup and our mission is to decrease the number of traffic deaths, currently 1.2 million every year, by making cars smarter and safer.
There 1.2B cars on the roads, most of them without any advanced safety features while most of the development in the sector targets advanced autonomous driving (level 3 and higher), with its high cost and implementation issues. It will take decades before this approach makes a serious dent in the number of accidents.
At the same time, the propensity for traffic accidents is increasing. Ubiquity of smart-phones contributes to the distraction of drivers (already 93% of the traffic accidents are happening due to human error). Increased life expectancy and inclusive society has broadened the driver demographics to risk groups, e.g. elderly.
To solve these challenges, we are building a full stack automotive IoT solution, comprising Hardware, Software and Data/Cloud. PILOT delivers the performance, cost and convenience suitable for after-ma...
We are a tech startup and our mission is to decrease the number of traffic deaths, currently 1.2 million every year, by making cars smarter and safer.
There 1.2B cars on the roads, most of them without any advanced safety features while most of the development in the sector targets advanced autonomous driving (level 3 and higher), with its high cost and implementation issues. It will take decades before this approach makes a serious dent in the number of accidents.
At the same time, the propensity for traffic accidents is increasing. Ubiquity of smart-phones contributes to the distraction of drivers (already 93% of the traffic accidents are happening due to human error). Increased life expectancy and inclusive society has broadened the driver demographics to risk groups, e.g. elderly.
To solve these challenges, we are building a full stack automotive IoT solution, comprising Hardware, Software and Data/Cloud. PILOT delivers the performance, cost and convenience suitable for after-market cars through:
• P&P/stand-alone implementation - or integrated installation: benefits from improved safety and connectivity can be brought to any car
• Proprietary technological solution for situational awareness enables low cost, reduced size and energy consumption
• Flexible architecture to benefit from V2I and V2X features of Smart City.
Current product lines under development are:
PILOT Mini: a plug-in device for aftermarket cars to increase safety and driving comfort by providing active safety (ADAS), connectivity, level 2 autonomy and cloud-based services.
Autonomy-ready vehicles: equipping vehicles (passenger EVs and small busses) during the manufacturing process with autonomy-enabling technology;
Conversion services: – retrofitting customer’s vehicle to equip it with ADAS, DbW, connectivity and level 2 autonomy.
PILOT’s locations in Portland, USA and Singapore are strategically chosen. Singapore is pioneering Smart City implementation and provides the chance to test and integrate with its infrastructure, while Portland is home to many automotive and IT R&D activities, and provides cost-friendly base close to Silicon Valley.
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Investors

Enchant.vc accelerator
Admin
Enchant.vc accelerator We enchant your technology & bring it to mass market!
SVOD Europe
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Advisors

Recommendations

Arthur Rogers

Pilot Automotive Labs has a tremendous Chief Business Development Officer. I have known Juris for 6 years. We were classmates at MIT and cofounders at several startups. He is very smart, hardworking, creative, collaborative and relentless. There is nobody that I would rather have on a team that is breaking new ground and that is "building the bridge while walking across it." Oh yes! And he is an excellent technical leader with an educational background in engineering. Juris will drive excellence at Pilot Automotive Labs.

Peter M Dingle CEO at pmd & co

Pilot was selected as one of nine teams accepted into the 2016 Infiniti Labs Hong Kong Accelerator.

Chosen from over 200 applications that came to us from 45 countries, Pilot's innovative approach to solving the challenge of legacy cars driving in an increasingly Autonomous driving world was outstanding.

The solution progressed from a concept to a refined, well-communicated MVP solution during the 12 weeks and the team made significant advances in both design and appeal of the product.

During the 12 weeks, the partnership with Infiniti enhanced Pilot's Go To Market understanding, enabling the team to develop a direct to consumer approach and a 'via existing distribution' model.

Pilot would significantly benefit from a US-based network and exposure to the leading Autonomous driving ecosystem. The team is open and collaborative. The bring significant experience to any new cohort and have the resilience to follow through on making this project a success.

Amir Nivy CEO at Hapticus Pte Ltd

I learned about PILOT while we were together at the Infiniti Lab 2.0 Accelerator Programme in Hong Kong.
By bringing connectivity and AI to aftermarket cars, PILOT is addressing a huge pain and the potential opportunity is enormous.
From the time we spent together I was very impressed with Rihards (the founder and CEO of PILOT): full of energy, very creative, always finding a solution in seemingly dead-end situations. If anyone can do this, he can.
Good luck and let me know when the device is available for beta-testers, I’m in!