[…] Here's a closer look at just some of the start-ups that are helping to solve several of the region's most pressing challenges. […] Derq (United Arab Emirates) - Road traffic accidents kill 1.35 million people every year, according to the World Health Organisation. Derq wants to change that.
Derq Inc., an artificial-intelligence (AI) company, which delivers innovative road safety solutions that help eliminate crashes and save lives, today announced the company took home first prize for Artificial Intelligence at the 11th annual SXSW Pitch® (formerly SXSW Accelerator), the marquee event of South by Southwest® (SXSW®) Conference and Festival’s (March 8-17, 2019) Entrepreneurship & Startups Track.
[…] This year at CES, we’re thrilled to work with Qualcomm Technologies to demonstrate the integration of Derq’s AI software with the Qualcomm 9150 C-V2X chipset solution to showcase how AI-based applications can help predict and prevent road collisions before they happen,” said Dr. Georges Aoude, Co-Founder and CEO of Derq. […]
There are many technical challenges to overcome in the development of self-driving cars, but one of the toughest is predicting and preventing collisions with pedestrians and other objects that end up in the roadway.[…] Derq, a Techstars Mobility alum based in Detroit and Dubai, is conducting a yearlong pilot project on Jefferson Avenue and Randolph Street in the Motor City to focus on vehicle- and pedestrian-related risks around intersections.
[…] As part of this deployment, Derq worked with MDOT to select and install sensors on the intersection. […] “We’re extremely excited to be collaborating with FLIR on this Detroit program, and to use Derq’s AI software capabilities to predict road incidents before they happen,” said Dr. Georges Aoude, Derq’s CEO & Co-Founder.
Derq is 1 of only 4 startups selected by Siemens and its venture arm Next47 to showcase at its Innovation Area in InterTraffic. Derq will be the only startup featured on March 20th, and we will showcase our Intersection Safety and Vulnerable Road User Safety applications. Please visit us in Hall 12, Booth 12.308 of RAI Amsterdam on March 20.
There’s no direct flight from Dubai to Detroit. So when the three co-founders of Dubai-based Derq, a traffic-safety startup, need to get to the carmaking capital of the U.S., they take a connecting flight on Air France through Paris or on Emirates through Boston. That typically means a four-leg, 32-hour round-trip for at least one of them once a month. […]
(CNN)Dubai is well known as a testing ground for future tech, and seen as a model for future living by many.
[...]Derq describes itself as "a Dubai-based MIT spin-off with a mission to eliminate road accidents and save lives by using artificial intelligence and V2X (vehicle-to-vehicle or vehicle-to-infrastructure) technology."
CNN video feature can be found here.
Derq, a Dubai-based startup developing technology to reduce road accidents, has raised a $1.5 million seed round from undisclosed investors. The company is using the investment to further develop its technology and grow its team in Dubai. It’s also expanding to the U.S. where it has opened an office in Detroit, the de facto capital of the U.S. automotive industry.
Derq aims to make cars smarter and recently raised $1.5 million in seed funding after graduating from Techstars Mobility Accelerator. In addition to growing its team and opening an office in Detroit, the company plans on using the cash to advance its tech that aims to reduce vehicle accidents by improving how cars and infrastructure talk to each other.
The media office of the Government of Dubai covering the 11th Dubai Police Symposium, with a section summarizing the presentation of our CEO Dr. Georges Aoude on their innovation panel (in Arabic)