Abracadabra Robotics Pitch

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  • 1. R O B O T I C S Abracadabra R O B O T I C S Abracadabra R O B O T I C S Abracadabra
  • 2. ra R O B O T I C S Abracadabra R O B O T I C S Abracadabra Proved scientific concept, e.g. Prof. Matarić, UCLA engages the user contactless, interactive training sessions for giving assistance with achieving measurable progress in convalescence, rehabilitation, learning etc. and emotional support!and rich social interactionIt provides Abracadabra is aSocial Assistive Robot
  • 3. ra R O B O T I C S Abracadabra R O B O T I C S Abracadabra Our first target group will be the elderly Age 65+ Age <5 Young children and older people as a percentage of global population: 1950-2050 20% 15% 10% 5% 0% 1950 1960 1970 1980 1990 2000 2010 2020 2030 2040 2050 Social isolation Motoric and cognitive regression Neurological disability
  • 4. ra R O B O T I C S Abracadabra R O B O T I C S Abracadabra Abracadabra’s first productwill be applied to post-stroke rehabilitation in the US Market http://www.prweb.com/releases/2014/01/prweb11471125.htm suffer strokes every year 759,000 people spent on informal care given at home 6$ billion The rehabilitation robot market is expected to reach 1.8$ billion by 2020 Each year, stroke care costs add up to 43$ billion nationwide with another
  • 5. ra R O B O T I C S Abracadabra R O B O T I C S Abracadabra Telemedicine connection included We suggest Social Assistive Robot as unique solution for post-stroke rehabilitation at home: Effective and engaging rehab training sessions with robots, combined with multi-disciplinary knowledge (physiotherapist, psychologist, occupational therapist, speech therapist) Cost-effective for only 450$ per month first year, 240$ per month second year
  • 6. ra R O B O T I C S Abracadabra R O B O T I C S Abracadabra Human-robot interaction: patient interacts with the robot, playing "therapeutically games". For instance, the patient move and grasp a cup of tea. The cup has embedded sensor and transmit the data describing the patient movement to the robot. The robot gets the data, interpreters it and automatically create appropriate response (e.g. feedback, joke, next excesses or express emotions) Remote guidance: telemdicine system allows the physical therapist to convey tasks to the robot. The same communication channel allows the robot to transmit statistics and progress reports back to the therapis How does it work?
  • 7. ra R O B O T I C S Abracadabra R O B O T I C S Abracadabra Medical Staff help alert the clinician (save the life) and track patient progress win winInsurance Companies cost-effective decision Post stroke survivor gets the opportunity to “be revived” Family the most effective rehabilitation process for their “dear one”
  • 8. ra R O B O T I C S Abracadabra R O B O T I C S Abracadabra Abracadabra A-Team PhD from Weizmann Institute of Science in applied mathematics and computer science More than 10 years of experience in research and development of vision processing, artificial intelligence and human-robot interaction 17 scientific publications in major robotics conferences and scientific journals, receiving significant media coverage Established and managed the laboratory of therapeutic and educational social assistive robotics laboratory MBA in sociology and history, master's degree in management by program directors at Tel Aviv University More then 20 years of experience in marketing, adverting. CEO of subsidiary of McCann Erickson Israel BA in Mechanical Engineering from Tel Aviv University Masters in design at the Royal College of Art More then 15 years of experience in product design & engineering services, developing products in various fields CPA, BA in Economics and Accounting from Ben Gurion University More then 20 years of experience as CFO of Eshed, Robotec and other private companies Chief Medical Officer, Rancho Los Amigos National Rehabilitation Center Clinical Professor of Neurology and Chief of Neurorehabilitation, University of Southern California Former President, Board Member ASNR, American Society of Neurologic Rehabilitation Dr. Marina Fridin CTO Natasha Shukin CEO Uzi Malimovka Manufacturing Design & Engineer Ronen Gur CFO Mindy Aisen Medical Advisor http://www.youtube.com/watch?v=LGY3IlGKrRw natasha@abracadabrarobotics.com marina@abracadabrarobotics.com
  • 9. ra R O B O T I C S Abracadabra R O B O T I C S Abracadabra Abracadabra’s vision: To create personal humanoid low-cost robotic platform with rich real-time machine- user interaction for SAR
  • 10. ra R O B O T I C S Abracadabra R O B O T I C S Abracadabra To create social interaction and emotional support we develop Libraryincludes: Algorithm for recognition and Interpretation of user activities: Based on voice/speech recognition, face expression of emotions and body actions, movement and expression of emotions Algorithms for synthetize of the robot expression and reaction: Based on voice/speech, face and bodily expression Development of efficient human-robot social interaction: Motivation and feedback Adaptation to user interaction style, to style of the learning, and to the user progress etc.
  • 11. ra R O B O T I C S Abracadabra R O B O T I C S Abracadabra we developed a set of external tools with embedded sensors (smart dumbbells, cups, pads, etc.) that create a smart environment for each session, thus enabling real-time interaction with zero margin of error connected devices and for that makes the training the most unique interaction ever ased on the concept of real-time collection and analysisof users actions Abracadabra presents a new breakthrough concept for
  • 12. ra R O B O T I C S Abracadabra R O B O T I C S Abracadabra Abracadabra Development Status Starting the process of preparing the Horizon 2020 grant with Tel-ha-Shomer The Largest Israeli Hospital Appling and getting "Tnufa" small Israel Chief Scientist’s Grant. Currently, we work on: Development of the demo (some parts of the robot) 2 provisions Design of full robot Developing the concept and the design Signed a cooperation agreement with RobotsLAB US for subcontracting to production
  • 13. ra R O B O T I C S Abracadabra R O B O T I C S Abracadabra The opportunity: raising pre-seed We need to raise $600,000 (of $1 million) The money will give us a long runway, enable us to hire outstanding algorithm developers and engineers, and bring this from design to Alpha Prototype (including a set of 12 rehab training sessions) in the year