We are opening our seed round
Eloy is about to open an equity seed round and we are inviting interested parties to join the wait list.
External equity investment will provide working capital and allow us to expand our team, as well as provide us with resources so we can finish applying for our global pending patents. Individuals and companies will be able to invest in Eloy, and become equity holders in Eloy.
Please note, this involves risk so whilst we hope Eloy will do well as a company and grow, there is a risk that we don’t, and all monies invested are lost.*
What does Eloy do?
Eloy is a connected and autonomous vehicle software company. In short, we focus on specific areas that can make current vehicles smarter (“connected”) and that will assist with self-driving (“autonomous”) vehicles.
Our areas of specialism are multi-vehicle coordination, vehicle-to-infrastructure communications, and in-vehicle user experience. These specialisms are applicable to human driven vehicles, as demonstrated in the video below, and also form the foundation of improving the road infrastructure to facilitate self-driving vehicles in the future.
Eloy is well-placed to capitalise on Connected and Automated Mobility (CAM) technology. We constantly compare ourselves to a pharmaceutical drug discovery company, which means for CAM, we research, develop, patent, and aim to deploy new technologies in this area.
Why invest in Eloy
Safer roads
Everyone who works in transport wants to make journeys safer. Our software allows human drivers to see round corners on country lanes and manage how they pass each other safely, which may reduce the risk of collisions, prangs, and scratches, and reduce tailbacks. This applies to cars as well as other vehicles and vulnerable road users.
Untangling traffic
Solving congestion has been called the “Boss Level” challenge by Elon Musk. It’s hard and nobody has been able to devise ways to address this. Making roads digital and introducing vehicle-to-vehicle coordination will not only reduce the chances of traffic forming in the first place but also enable ways to alleviate traffic jams after they have formed.
Less hassle
Safer roads and less congestion makes driving better. We get from A to B quicker, as well as reduce the mental effort and stress of driving, and make trips more fun. Queuing in traffic for hours before and after large events takes away the enjoyment of the entire experience. Our software is going to explore ways to make this better for all of us.
Multi-vehicle coordination
In this video you can see our software in action. Two vehicles are due to meet on a road where it becomes too narrow for them to pass each other.
Our software tells one driver to stop and wait for the other vehicle, and when it has passed the same driver receives a message telling them that it is safe to proceed.
Over the next few months we will be conducting further trials with up to 20 vehicles as part of the Zenzic CAM Scale-up programme.
Find out more
Register now
If you are interested in investing in Eloy, please fill in this form. We will be running a series of webinars, in-person events, and sharing private company material as we build up towards our live fundraising.
And if you have any questions at this stage please feel free to send us a message.
Who we've worked with
*Risk warning
Investing in start-ups and early-stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio.
Investment opportunities are not offers to the public and potential investors should seek independent advice as required about investments and tax.
EIS status
Eloy Limited has received EIS advanced assurance under Section 204(1) of the Income Tax Act (ITA) 2007. Further details will be communicated during the capital raising process. Please consider your own individual tax and investment risk situation in relation to this.
