Dublin-based startup Luna Systems has secured $1.7 million in late-seed funding to accelerate the launch of its AI-powered safety camera hardware. This investment round was led by the cycling-focused venture capital firm Fundracer Capital alongside EIT Urban Mobility, with additional backing from Enterprise Ireland. The fresh capital will facilitate the company’s transition from a software-only developer into a comprehensive hardware and system provider.
Closing the Safety Gap in Micromobility
For over five years, Luna Systems has refined its Vision AI software to protect vulnerable road users on bikes and motorcycles. Co-founder Maria Diviney noted that while the automotive industry has undergone a connected-technology revolution, cycling safety has largely been neglected. Cars now feature sophisticated cameras and radar as standard, yet cyclists often lack even basic rearview visibility tools.
Luna Systems aims to adapt automotive Advanced Driver Assistance Systems (ADAS) into specialized "Advanced Rider Assistance Systems" (ARAS) for two-wheelers. This technology provides cyclists and motorcyclists with the same high-level AI protection that modern car drivers have come to expect. By focusing on affordability and low-computation environments, the company ensures its safety solutions are accessible to a global mass market.
Dual Innovation for Manufacturers and Consumers
The company plans to launch two distinct hardware products this year to address different segments of the micromobility market. The first is a dual AI camera system designed for seamless integration by original equipment manufacturers (OEMs) at the point of manufacture. This system offers features such as forward collision detection, blind-spot monitoring, and a unique "reverse blind spot" alert for riders.
Simultaneously, the startup is preparing to release the Luna Oculus, its first dedicated consumer product for individual cyclists. This rear-facing AI camera connects to a smartphone app, effectively turning the rider’s phone into an intelligent rearview mirror. The app provides real-time livestreams supplemented by audio and visual alerts whenever a vehicle or another bike approaches too closely.
Data-Driven Urban Safety Solutions
Beyond immediate rider alerts, the hardware serves as a critical data collection tool for identifying dangerous urban infrastructure. The system automatically records "close-pass" events and near-misses, mapping these incidents to highlight specific city blackspots. This evidence allows riders to plan safer routes while providing urban planners with actionable insights to improve cycling corridors.
Fundracer Managing Partner René Wiertz highlighted that Luna’s technology represents a breakthrough for the entire micromobility industry’s safety standards. By providing compact and cost-effective hardware, Luna enables any two-wheeler company to adopt high-level safety intelligence without prohibitive costs. This data-centric approach is expected to drive long-term safety improvements across major European markets, including the UK and the DACH region.
The successful funding round positions Luna Systems to lead the integration of AI into the daily commute of millions. By evolving from a software specialist to a hardware provider, the company is finally bringing automotive-grade security to the cycling world. As global cities push for higher cycling adoption, these technical innovations will play a vital role in making riders feel secure on the road.