Tuesday, August 9, 2016

Hi-tech, the SmartGlass made in Modena seeking investors – ModenaToday

The route on a map, the legendary Hanging Gardens of Babylon, but also the simultaneous translation of a sentence in a foreign language. Now you can see all this through the lens of his glasses. And not a ghostly mask to video games, but a pair of glasses very similar to a standard pair of prescription, wearing casually at any time of the day. E ‘is the innovative project of GlassUp , able to compete with giants like Google, Sony and Epson and even attract the “ire” in Mountain View.

The Modenese company will launch the new on the market in 2017 has opened to investors by activating a project on equity crowdfunding platform Tip Ventures, which expires in September. Currently no other international brand has managed to create a product that combines these characteristics: high technology, fashion and competitive price. The GlassUp SmartGlass makes it possible to display before the eyes of the multimedia content of your smartphone. Thanks to technical solutions inspired by holography, makes all the information we need on the right lens of the glasses. The rods then become a touch surface to interact with devices without extracting them from the pockets. Multiple possible interactions: emails, heart rate, real-time translation, routes, speed, installation instructions, subtitles, musical scores, and whatever software developers have been able to turn into an APP. Apparently very similar to a regular eyeglasses, the SmartGlass then enclose a miniaturized technological heart. They will be offered to the market at a competitive price for the segment: less than 400 euro.

In short, a small revolution. “In fact, a product like this does not exist currently on the market – says Giartosio Francis, CEO of GlassUp – There are companies that have developed glasses for professional use or for sportsmen, but they are not suitable for the ‘daily use. Our models will be rather smart & amp; pop, elegant design Made in Italy. ” In these years GlassUp the founders have invested in research and development a capital of 500,000 Euros, to which are added 200,000 euro of EU funding received and over 210,000 Euros collected with crowdfunding.

The campaign equity (in this link ) running now, active until September 4 on Tip Ventures, proposes a collection target of 250,000 Euros to complete the development, patents, the process of industrialization and certifications . Investors interested in taking part to the fascinating project will become holders of a share of the company, up to a maximum of 9% of the share capital. Already in recent days they have been held in Modena scouting for new investors, who have been able to verify the status of the technological advancement of the device. Next to the hi-tech glasses, a purely consumer product, GlassUp is also developing an industrial product with very different characteristics (such as cameras and heat meter) designed for business needs (warehouse management, machinery, training on the job) and vertical applications ( medical and museum environment).

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