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Mavis Technologies
Wearable tech for the visually impaired
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At a glance
Mavis Technologies is revolutionising mobility for the visually impaired through innovative wearable technology.
SmartSight AI Eyewear featuring real-time scene recognition and personalised visual aids for seamless day-to-day navigation for individuals with visual impairments.
Their two AI eyewear products (Prima & Synapse) enables obstacle detection, scene description, text-to-speech and navigation capabilities.
Quick fire details
Headquarters: Northampton, UK
Employee count: 4
Business model: B2B and B2B2C
Backed by: £120,000, 4 Angels + 3 Grants
S/EIS: ✅
Funding amount: £350,000 pre-seed
The founders
Founder & CEO, David Sikharulidze: David has navigated life with
severe visual impairment since childhood. He is also an ex ISP company founder and expanded the company to 46 employees and 180 towers, achieving a successful exit in 2019.
The market
The current global market is worth £14.2B with the population of visually impaired people in the UK reaching 360k.
This startup is solving one key problem:
Navigational loss, informational loss and social and emotional isolation - Mavis Technologies is trying to solve this using their tech.
Founder-Market Fit:
Having lived with visual impairment since childhood, David is driven by personal experience. He’s also working towards his second exit with Mavis.
Traction metrics
Testing & certification: 30-user external trial begins May 2025 (via NIHR). CE Mark certification process underway.
Prototype built & tested in controlled environments.
Over £70k in UK/EU grants received.
Competitive landscape
IrisVision, eSight and NuEyes
Mavis’ tech differentiates because it provides custom made applications/modules and Emergency Audio/Video Call
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Our Take
Appeals
Strong advisory board: David has built a solid team of advisors of industry and GTM leaders.
Cheaper than competitors: The average competitors offers solutions for $1,500 more. Mavis’ business model is also built on a subscription model (after the one time fee) providing recurring revenue.
Risks
Market adoption pace: Going straight to the retail market could prove difficult due to the expensive solution. To mitigate, Mavis are going through NHS and charity validation pathways.
Product delays: Mavis technologies is mitigating by creating a Built-in buffer for CE testing & iteration cycles.
Capital intensity of scaling: Each headset is expensive to build - scaling will need good cash management.
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Last feature’s results
Our readers are NOT CONVINCED about LookAdThat.
25.00%of readers are a fan | 75.00%of readers are not convinced |
“Supply chain concerns, and focusing across Europe rather than one market is a first time founder error.”