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Indoor climbing tracking startup, Lizcore, sharpens its focus on safety as it pulls in pre-seed | TechCrunch

Nov 29, 2024 - techcrunch.com
Spanish startup Lizcore has developed a system for indoor climbing that uses a lightweight fabric NFC bracelet to track climbers' progress and gamify the sport. The company has raised €600,000 in pre-seed funding and recently signed its first customer, a climbing gym in Catalonia. Lizcore is also working on a safety device for autobelay systems, which would use AI to detect whether climbers are correctly clipped into their harnesses and prevent access to those without the necessary digital credentials.

The autobelay safety system is a priority for Lizcore, as accidents with these devices can be fatal. The system uses cameras and AI software to monitor climbers and trigger an alarm if they are not properly secured. The company's hardware is designed to work with various autobelay brands and the AI software is being developed to provide different stages and layers of security. Lizcore's team has grown to nine people as they work to refine the hardware and attract more gyms to their system.

Key takeaways:

  • Spanish startup Lizcore has developed a system to track indoor climbing using a lightweight fabric NFC bracelet, smart base units, and top-out holds, allowing climbers to track their progress via an app.
  • The startup has raised a total of €600,000 in pre-seed funding from several investors and business angels, including Startup Wise Guys, and has also received state support in the form of an interest-free loan and grants.
  • Lizcore's system also includes a safety feature for autobelay machines, which allows climbers to digitally hold credentials on the NFC band, preventing those without the necessary credentials from accessing the autobelay.
  • The system uses AI software and cameras to detect whether climbers are correctly clipped into the harness and whether they are climbing without being clipped in, triggering an alarm in the latter case.
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