VizionCraFFt Technologies P.C. Nea Erythrea, Greece

Company Website: https://www.vizioncrafft.com

Company Email: info@vizioncrafft.com

Employees: 2

Funding State: Bootstrapped


Industries

  • Hardware

Technology

  • Hardware
  • Software

Business Model

  • B2B
  • B2B2C
  • B2C
  • B2G

Revenue Model

  • Price per Item

Funding Sources

  • Angel
  • Grant
  • Self
  • VC

About

Globally, about 1.1Bn Individuals with vision-based needs face significant challenges navigating their environment and accessing information. These barriers limit their participation in daily activities and societal experiences, affecting their quality of life. As highlighted by Jeffry Ricker, a psychologist who is blind, "Blindness is not by itself a disability. Rather, disability emerges from the disabling effects of the shared communal environment created by society."VizionCrafft is helping blind and Medium-to-Severe-Visually-Impaired (MSVI) people navigate around obstacles, detect dangerous objects, avoid collisions and better understand their surrounding environment through its smart wearable assistive device


Solution & Product

Our MVP is an AI-powered device that assists with navigation, object identification, and real-time information access. It combines advanced technologies like image recognition and voice control to provide a seamless user experience via near-human voice messages, vibrations, and sounds -based interface designed primarily with accessibility in mind. This solution is focused on empowering users by enhancing their independence and inclusion in society. The current status of our solution is a late-stage prototype offering a minimum feature set described next.Real-time AI-based Image RecognitionAudio and haptic feedbacksModularity and Portability. In the future, we plan to incorporate the following advanced features: AI-Powered Navigation, Voice Control, Text Reading, Real-time health monitoring and emergency messaging, User Adaptable Operation


Innovation & Scalability

VizionCraFFt is truly innovative, combining cutting-edge technology with a user-centered approach. Our modular AI-powered assistive device for blind and visually impaired individuals offers functionality, portability, and affordability. Users can start with a basic version and upgrade features as needed, ensuring flexibility and cost-effectiveness. Technological Innovation Our device integrates real-time AI-based image recognition, AI-powered navigation, and voice control—capabilities unmatched in competing solutions like smart canes or glasses. Features such as advanced obstacle detection, trajectory prediction, text reading, and health monitoring are packaged into an ergonomic, lightweight design for hours of use. Unique Value Proposition We offer a more comprehensive feature set at a rationalized price compared to our sole competitor with similar hardware. Critical user needs, such as avoiding head-level injuries and intuitive alerts via audio and haptic feedback, were addressed based on feedback. Innovative Business Model The modular design addresses diverse user needs and creates recurring revenue through future upgrades. Endorsed by organizations and experts, VizionCraFFt is revolutionizing accessibility and fostering inclusivity in society.


Traction & achievements

VizionCraFFt has achieved significant progress: Incorporated on August 22, 2024. Partnerships with the National Federation of Blinds, PanHellenic Blind People Association, and Ioannina’s MedLab for testing and feedback. Prototype tests with blind users; valuable feedback incorporated into MVP. Pivoted to a modular product design. Collaboration with Extrabit on hardware production processes. Completed third prototype version with 3D-printed enclosures. Positive endorsements from user organizations and experts. Successfully selected to the top 20 teams of 15th NBG Business Seeds Innovation Competition. Funding and Milestones: Secured €15,000 from EIT Digital’s Venture Program. Planning to raise €150,000–200,000 for a 12–14 month runway. Finalizing MVP by Q4 2024; alpha testing in early 2025. Beta testing mid2025; market launch by Q4 2025, targeting Europe and the U.S. Long-term: global expansion, continuous innovation and new partnerships


Team & Why Us

VizionCraFFt's Growth Strategy We aim to establish a strong presence in Greece and Cyprus by launching P1, a cost-effective, reliable, and user-friendly assistive device. This will build brand awareness and position us as a trusted innovator in assistive technology. Phase 1: Market Penetration (Year 1) Launch P1 to establish credibility and consumer trust. Focus on affordability, ease of use, and durability for widespread adoption. Execute targeted marketing campaigns to drive awareness. Form partnerships with local distributors, assistive tech organizations, and institutions. Leverage ties with the Panhellenic Association of the Blind to enhance credibility and gain insights. Phase 2: Expansion & Diversification (Year 2 & Beyond) Introduce P2 and P3 as premium solutions with advanced features. Expand into European markets with strong demand for assistive tech. Collaborate with European blind associations and advocacy groups. Establish B2B/B2G sales channels via healthcare providers, public institutions, and schools. Strengthen R&D to enhance innovation and adapt to market needs. Long-Term Vision We aim to become Europe's leading assistive tech provider, driving accessibility through affordability, reliability, and innovation.


Funding Needs

350.000€ - 403.000€ depending on various growth and market penetration scenarios (available upon request)


ONE LINER

VizionCraFFt is a startup dedicated to promoting societal inclusion by creating an AIpowered device


TEAM

Konstantinos Chasapis
Konstantinos Chasapis, CTO
PETROS SEVDAGIAN
PETROS SEVDAGIAN, CEO

FUNDING


PATENTS


AWARDS

2024 - Funding EIT DIGITAL

INCUBATIONS/ACCELERATIONS

2024 - Program EIT DIGITAL

Jobs


Perks