Vidi Labs is an AI startup founded in 2021, specializing in computer vision technology with a focus on assistive and geotechnology. The flagship product is Seekr, a compact AI-powered wearable device designed to empower visually impaired individuals (VIPs) and elderly people to navigate daily life more independently and safely.
Key points about Vidi Labs and Seekr:
— Seekr uses a camera to analyze the user’s surroundings and translates information into accessible audio narration.
— The device assists with tasks like reading, navigation, and locating items.
— Vidi Labs has sold over 154 units, indicating market traction.
— They have Hong Kong partnerships with major NGOs, including Tung Wah Group of Hospitals and Hong Kong Blind Union.
— The company has received recognition, including the Hong Kong ICT Startup Silver Award in 2023,
Market potential:
— Approximately 200,000 VIPs in Hong Kong, 13 million with vision loss and 400,000 blind in Japan, and 300 million worldwide. The number of VIPs is expected to triple in the next 40 years due to aging populations and degenerative eye diseases.
Vidi Labs has developed a groundbreaking wearable device called Seekr that empowers visually impaired individuals (VIPs) and the elderly to navigate daily life more independently and safely. Leveraging advanced computer vision technology, Seekr uses a camera to analyze the user's surroundings and translates the information into accessible audio narration, assisting with tasks like reading, navigation, and locating items.
With over 154 units already sold, Vidi Labs has demonstrated strong market traction, particularly in Hong Kong where they have established partnerships with major NGOs like the Tung Wah Group of Hospitals and the Hong Kong Blind Union. As the company looks to expand globally, the Japanese market represents a particularly promising opportunity.
Japan has a rapidly aging population, with nearly a third of its people over 65, as well as a significant visually impaired demographic of 13 million individuals with vision loss and 400,000 who are blind. This large elderly population is poised to drive substantial demand for assistive technologies like Seekr. With the support of the Asia Entrepreneurship Award, Vidi Labs can accelerate its expansion into Japan, forging critical partnerships with hospitals, elderly care providers, and other stakeholders to bring its innovative solution to those who need it most.