Description of the project
Priyatech aims to protect family members in the home. To do this, it has developed a product capable of understanding what is happening at home so as to alert the user, through their smartphone, in case of real need: a discreet and effective system that uses its artificial intelligence to notify in real-time most relevant events. The Priya Home device is equipped with a high-resolution optical sensor, a sensitive microphone and a precise air quality sensor, characteristics that allow the product to make a difference in three different areas: home security, family care and the level of health in home.
Priyatech has as its primary objective the creation of a system that translates through a series of products the ability to manage an emergency of the "caregiver"
(a term used in this context to indicate both a parent and an adult child who takes care of elderly parents), allowing the latter to take care of their loved ones even when they are not physically at home. To do this, we have developed an artificial intelligence program capable of interpreting environmental stimuli to provide users with detailed and real-time feedback on the domestic situation in order to be able to intervene in the best way in case it is necessary.
Thanks to the funding received, the company will have the opportunity to accelerate product development so that it can reach a working prototype to be used for piloting activities and to complete the systems necessary to achieve production in a short time. In addition, the funds will be needed to develop a solid business and marketing plan and to reach an adequate level of "investor readiness" to raise private funds necessary to accelerate entry on the Italian market and subsequently on the European one.