Article Originally from Mobility Xlab Website
Our Future Mobility Awards ended up being a great success, not to brag, but it was. We got to meet and get to know some real game-changing startups and scaleups who applied within our different award categories. So, we thought all of you should get the chance to know our winners better as well! In case you missed the ceremony, here they are: Teraloop (Sustainability), Reality AI (AI for Safety), Enervibe (Connectivity) and SiaSearch (Virtual Development).
The future of mobility certainly needs to be sustainable. All of our societal development has to be. With the Future Mobility Awards we wanted to acknowledge startups working with sustainable development within the mobility industry because there is no future without them. So, we went looking for a startup committed to building a responsible business as well as a more sustainable industry. And we found them – Teraloop! We had the pleasure of talking to Oskar Kallio from Teraloop and listen to their story and what MobilityXlab’s Future Mobility Awards means to them.
“Our goal is defined as prosperity through access to sustainable electricity. The mission is to enable a sustainable energy value chain, and vision is fully renewable generation of electricity.”
The Finland based startup started out back in 2014 and has since then grown to house around 15 employees. They develop kinetic energy storage, to help optimize generation, distribution and consumption of electrical power. In the mobility sector, Teraloop’s innovative flywheel solution provides efficient and powerful energy storage to help solve the infrastructure problems hampering the global EV uptake. Normally, flywheels have been seen as durable energy storages, only capable of storing and releasing energy at high power in short-term energy storage applications. Teraloop’s proprietary technology is based on a hubless design of the flywheel rotor, which allows much higher speeds than conventional flywheels.
Through the deployment of the Teraloop solution, expensive infrastructure upgrades needed to charge EVs can be avoided, thus making EV-charging viable also at remote locations. By increasing charger availability and convenience, more drivers will be convinced to switch to EVs.
“We have already for a longer period of time recognized that our technology has great potential in solving challenges within the mobility industry. As our technology can solve problems that still hampers the uptake of cleaner technologies such as electric vehicles, it was a natural choice to apply for the Future Mobility Award within the category of sustainability.”
At MobilityXlab our mission is to facilitate innovation and collaboration for future mobility. A large part of that mission entails finding startups and scaleups working towards changing and evolving this industry. In that process we want to boost startups and scaleups by promoting their ideas and innovations, as well as give them access to our industry connections.
“Right now we are in the process of raising our A round of funding in order to commercialize our technology. Winning this award shows that our offering has great potential within the mobility industry and helps us to communicate this towards investor prospects. Furthermore, by winning the competition we have an opportunity to meet and discuss with several industry leaders which will help us understand the possible use cases within this industry even better.”
Meet: Reality AI
In the mobility industry safety is essential and the demands for it are sky high. Therefore it’s self explanatory that new methods and technologies are very important within this category. So, when looking for startups and scaleups in this area we knew we had to look for one improving safety for mobility solutions based on machine learning. But, since “mobility solutions” is so broadly defined it could have entailed anything from driver support to data management. You can imagine our excitement when we came across Reality AI. Nalin Balan is the head of business development and he took some time to talk to us about their work and winning the Future Mobility Award.
“We believe that we were bringing a previously unexplored area of sensing to automotive perception. Most Advanced Driver Assistance Systems today mainly rely on computer vision. However, at Reality AI, we want to make the streets safer by ensuring Advanced Driver Assistance Systems use ALL of the senses to understand what’s happening around them. Not just sight! By giving vehicles a sense of hearing, we’ve shown here that sound can fill in the gaps where line-of-sight systems can’t see!”
Autonomous vehicle sensing approaches are traditionally heavily focused on the visual. Even non-image sensing modalities usually rely on computer vision techniques. But there are other senses too, and human drivers rely on them. They hear the sound of the vehicle, the road, and their surroundings. They feel how the car moves. A squeak or a shimmy is often their first hint that something is wrong. Reality AI brings these other senses into play. Reality AI’s automotive sound detection and localization solution provides vehicles with a “sense of hearing”: enabling non-line of sight applications such as seeing around corners or blind intersections with sound, or identifying approaching emergency vehicles and their direction of movement; thus allowing for appropriate mitigation by the driver, human or autonomous.
As far as applying to MobilityXlab’s Future Mobility Awards, Reality AI were curious about what and who they would find behind the scenes at MobilityXlab.
“We were excited to see the global corporations and ecosystem behind the Future Mobility Awards, and felt that applying for the awards would give us an opportunity to vet our automotive sound recognition solution by leaders in the mobility space. Being selected by these global corporations would give our solution credibility in the mobility market worldwide, as well as an opportunity for us to build a network with these companies to establish strategic partnerships.”
How do you feel about winning the award and what does winning mean for you going forward?
“We’re honoured to receive the award, and also very impressed with all the innovative startups that were nominated. It’s exciting to see that global leaders in mobility appreciate the need for our solution, and we feel positive about addressing a real market need. Winning the award is a form of validation from global mobility leaders and gives us a great platform for the public announcement of our solution! The momentum will help us promote our solution to automotive companies worldwide.”
Connectivity has taken its place as one of the major developing segments of future mobility. The future of this industry might not even be recognizable for us compared to the current situation. And connectivity plays a huge role in that. Finding the winner of the connectivity category was therefore focused on startups and scaleups using connectivity to change the future for mobility. And voilà – Enervibe. Here you’ll have the chance to read up on how Hemi Sagi, CEO at Enervibe looks at the future for autonomous vehicles and why they chose to apply to the Future Mobility Award.
“We have come to the conclusion that the most important and needed fields for energy harvesters are in the future vehicles and in the industrial environment. Then it was only natural that we will expand the product into a full solution that combines also more hardware, sensors, and cloud AI software.”
Since 2018 Enervibe is developing Kinetic Energy harvesters (KEH) devices and power management circuits that convert ambient mechanical energy into DC electrical power.
The KEH enables solutions and applications from different industries, and Enervibe uses its edge to develop a comprehensive tire monitoring system based on its proprietary self-powered in-tire multi-sensor module. By the time we announced the Future Mobility Awards Enervibe seized the opportunity to introduce their solution to MobilityXlab’s partner companies.
“The need for Connected Intelligent Tire (CIT) is growing and Enervibe is constantly seeking mobility leaders to introduce Enervibe’s CIT solution-the Enertire™. Enervibe is looking for partners that can help us bring such a product to the market. The first market we are addressing is the truck market and we hope to collaborate with MobilityXlab partners and expand to autonomous vehicles and the rest of the automotive market.”
When asked about how they feel about winning the award for connectivity, Hemi replaid:
“We feel that indeed CIT is a growing need and will be a must in autonomous vehicles. Winning the award confirms the urgent need for “smart tires” as well as recognizing Enervibe as one of the companies that can bring such a product in the near future. Winning recognizes the need for our technology and encourages us to move forward. Furthermore, it builds confidence with our current and future investors that Enervibe addresses a real need in the current and future mobility market.”
Advances in AI, Connectivity, and Sustainability, are leading to dramatic increases in the complexity of systems and software, and the need to work with vastly increased volumes of data. This is reflected in the continued shift to software-centric development. To meet these demands, whilst facing continued shortened time to market and development cost pressures, new innovative development processes are needed.
The award for the virtual development category aimed to find a startup or scaleup that accelerates the pace of development, design, implementation, and testing of products. As you might already know the winners were SiaSearch and Uriel Eldan their VP of Business Development sat down with us to share his thoughts on their journey, the award ceremony, and what it means to them moving forward.
“We applied for the Future Mobility Awards because we wanted to get more visibility with senior executives at all the great companies behind the award – Veoneer, Volvo Group, Zenseact, Volvo Cars, Ericsson, CEVT, and MathWorks. In addition to the direct impact with the partners behind the award. We applied for the award as we wanted to enjoy the great publicity and honor associated with winning it. Finally, we see this as a unique opportunity to connect with our users and learn more about the problems SiaSearch can solve in their workflows.”
Most mobility companies will delay or not succeed in deploying crucial machine learning based functions for automated driving because up to 75% of key engineering time is spent on manual and repetitive search, selection, and understanding of raw sensor data. SiaSearch introduces a new approach for interacting with sensor data, allowing ML engineers to query and analyze their raw data and find the sequences they need within seconds. SiaSearch does so by leveraging their unique, programmatically extracted metadata and a novel database to enable full semantic search on massive data lakes and streaming data. They provide fast, contextual data access and in-depth understanding to build better models in less time.
“It’s not that data management is a new problem or concept – but in automated driving data, it is a huge bottleneck that has been unresolved for some time. SiaSearch has a novel approach to managing driving data. Currently, the only metadata typically available about raw data are the time and place of recording. Contrarily, SiaSearch provides the ability to granularly search the data without putting efforts into data engineering. Our mission is to empower ML engineers to interact with their data in the easiest, most intuitive, and fun manner.”
Being a part of something like MobilityXlab’s Future Mobility Awards as a startup or scaleup can have different purposes and meanings. For SiaSearch, as an early-stage startup, validation is key.
“Winning the award was amazing! We very much enjoyed the award ceremony itself and the great networking opportunities it entailed. As an early-stage startup, winning the award is a great validation for the SiaSearch vision and value proposition. In addition to just boosting our confidence, there are actual benefits that we already see coming out of winning the award. For instance, we are in advanced discussions with several of the partners behind the award – and the award really helps with accelerating the discussions”
Here at MobilityXlab we are impressed with all of the startups and scaleups who applied for the Future Mobility Awards and we believe that the connections made will bring so many exciting things for the future.