Eyeware, a Martigny, Switzerland-based 3D eye tracking startup, closed its first venture funding round of CHF 1.9M.
The seed round was led by High-Tech Gründerfonds (HTGF), in partnership with TRUMPF Venture GmbH, Swiss Startup Group, and Zurich Kantonalbank.
The capital will be used by to bring the 3D eye tracking development kit ready for integration into consumer applications. Eyeware is also looking to expand its corporate partnerships in the US and China.
Created in September 2016 by Dr. Kenneth Funes, CEO, Eyeware is an expert in computer vision that develops software enabling consumer devices, cars and robots with 3D cameras to sense and analyze the attention of users.
The company, a spin-off of Idiap Research Institute and EPFL, has collaborated with multiple industrial partners to prototype and develop innovative eye tracking applications. One of the projects presented publicly is the BionicWorkplace: a concept for a futuristic factory workplace containing a collaborative robotic arm developed by the German corporate Festo and presented at the Hannover Messe 2018.
More recently, the technology was presented as part of an automotive solution during CES 2019. The software can use autograde time-of-flight cameras to estimate attention of drivers for in-cabin monitoring and infotainment systems. The proposed system can contribute to reducing the number of road accidents caused by drivers who lose attention at the wheel.