Mavis Technologies
Mavis Technologies specialises in the manufacturing of Smart Glasses designed for the visually impaired and blind.
The company prides itself on developing all hardware, software, and frames in-house, leveraging its own manufacturing facility to ensure high-quality production. Mavis Technologies is revolutionising mobility for the visually impaired through innovative wearable technology, building a platform that grants independence, dignity, and confidence to millions globally.
Growth and Development: Since its establishment, Mavis Technologies has seen significant growth. The company is currently valued at over $2 million, despite being in the pre-revenue stage. This valuation reflects the strong potential and innovative edge of the company’s products. Additionally, Mavis Technologies is offering a £350,000 SEIS/EIS investment opportunity to support its journey towards transforming lives, with a target valuation of £40 million by 2030.
Why West Northants is the perfect location: West Northants has proven to be an excellent location for Mavis Technologies. The region has provided them with substantial business support, financial assistance, and help with facilities, all of which have been instrumental in the company’s rapid growth.
Future Growth Plans: Mavis Technologies has ambitious plans for future growth. These plans include expanding their product line, increasing market penetration, and enhancing their technological capabilities to stay ahead in the assistive technology industry. The company aims to lead the assistive technology market with affordable, life-changing solutions.
The future of the assistive technology industry is promising, with Smart Glasses poised to become a central technology, potentially replacing mobile phones and other gadgets. Mavis Technologies aims to lead this transformation and establish itself as the top manufacturer of assistive gadgets. The company’s innovative technology helps users navigate daily life with renewed assurance, breaking barriers and empowering confidence.
Meet the Founder: David Sikharulidze, the founder and CEO of Mavis Technologies, has navigated life with visual impairment since childhood. Recognising that millions worldwide face the same daily challenges, David’s personal journey shapes Mavis’ mission to restore independence. As a seasoned entrepreneur, David previously started an ISP company that flourished, expanding to 46 employees and 180 towers, leading to a triumphant exit in 2019. His remarkable story and driven experience are the cornerstone of Mavis Technologies’ mission and vision.