Volvo is taking its safety and quality initiatives to a higher level, with the announcement it is investing in a couple of Israeli startups through its Volvo Cars Tech Fund.
Tel Aviv-based MDGo specializes in what it calls medical artificial intelligence, using machine-learning technology to diagnose injuries incurred in crashes … at the crash scene, before medical emergency personnel arrive on the scene.
MDGo’s technology combines real-time data from the vehicle involved in the crash and applies medical knowledge to make immediate predictions of the type of injuries sustained, transmitting them over a cloud-based platform to trauma physicians and emergency medical personnel to give them an early idea of what to expect at the crash scene and at treatment facilities.
“MDGo’s technology aims to do something that is close to our hearts, which is saving lives,” said Zaki Fasihuddin, CEO of the Volvo Cars Tech Fund. “Their mission as a company seamlessly connects with ours at Volvo Cars, so we are happy to support the continued development of MDGo.”
UVeye, also from Tel Aviv, has developed advanced technology for automatic external inspection and scanning of vehicle bodies for damage, dents and scratches. Volvo says the technology is so promising at catching the tiniest of faults that it is starting a pilot project to conduct full-exterior inspections of vehicles as they roll off the assembly line at Volvo’s Torslanda (Sweden) plant.
“Premium quality standards are at the core of the Volvo brand, and we are intrigued by the possibilities that UVeye’s technology offers,” said Fasihuddin. “This type of advanced scanning technology could allow us to take the next step in quality.”