Biped secures CHF 1.2M to enter US Market and expand in Europe

Biped secures CHF 1.2M to enter US Market and expand in Europe

Lausanne-based biped.ai, a pioneering Swiss tech startup, announces a successful funding round of CHF 1.2 million to fuel its growth. This significant investment underscores the tech community’s confidence in biped.ai’s groundbreaking solution for enhancing the mobility of blind and visually impaired individuals. The funding round attracted a host of renowned investors.

In a milestone achievement, Lausanne based biped.ai just secured CHF 1.2 million to revolutionize mobility for the visually impaired in the US and European markets. Investors include Serpentine Ventures, Juchum Foundation, and prominent business angels such as Joel Roos, Raphael Lederman, Rolando Benedick, Khalid Zitouni, Jerome Gerbier, Caroline & Vincent Fabien, Markus Herrli, Jean-Fabien Monin, and several SICTIC investors including Marcel Egger. The company was supported by Venture Kick, FIT, Future of Health Grant, Genilem, Biopole startup fund and ICC Hackathon.

Founded in 2021, biped.ai has developed a cutting-edge AI copilot system, a smart navigation harness that leverages autonomous driving technology to guide visually impaired people. This wearable, shoulder-worn device is equipped with 3D cameras and AI algorithms, providing users with real-time guidance and obstacle avoidance, enhancing their independence and safety. The company secured late 2022 a partnership with Honda Research Institute to collaborate on software innovation, and won the « Prix de la Canne Blanche » from SZBlind (UCBA) earlier this year.

« Our vision at biped.ai is to improve the lives of the visually impaired, offering them freedom and autonomy of movement » said Maël Fabien, co-founder of biped.ai. « This funding round is not just a financial boost but a validation of our mission to make a tangible difference in the world. »

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