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.
(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)