2 years ago
Phare Labs Secures £300,000 to Revolutionize Fire Safety with AI-Powered Alarms
London-based startup Phare Labs has raised £300,000 in funding to further develop and market its innovative fire alarm technology
The company, founded by engineers Daniel McBride and Arnau Donate, aims to address the issue of false alarms with its machine learning-powered system that combines smoke detection and air quality sensors
The investment round was led by the British Design Fund, with participation from angel investors.
ProblemTechnology
"Traditional fire alarms are prone to false alarms, causing unnecessary disruption and anxiety for homeowners."
Solution
"Phare Labs has developed a new type of fire alarm that uses machine learning and air quality sensors to improve fire detection accuracy and reduce false positives. This provides homeowners with a more reliable and less disruptive fire safety system."