1. EachPod

Barry Lunn, CEO & Founder of Provizio: $11 Million Raised to Power the Future of Vehicle Safety

Author
Front Lines Media
Published
Tue 06 Aug 2024
Episode Link
https://categoryvisionaries.podbean.com/e/barry-lunn-ceo-founder-of-provizio-11-million-raised-to-power-the-future-of-vehicle-safety/

Welcome to another episode of Category Visionaries — the show that explores GTM stories from tech's most innovative B2B founders. In today's episode, we're speaking with Barry Lunn, CEO & Founder of Provizio, a vehicle safety platform that's raised over $11 Million in funding.


Here are the most interesting points from our conversation:


  • Company Focus: Provizio is developing radar-based active safety technology aimed at predicting and preventing automotive crashes, providing a safer path toward autonomous vehicles.

  • Industry Experience: Barry's extensive background in high-frequency electronics and radar, especially in aerospace and defense, influenced his pivot to focus on solving car crash problems in the automotive industry.

  • Autonomous Vehicle Insights: Barry appreciates the progress of companies like Waymo but emphasizes the need for broader adoption and regulatory support to significantly reduce vehicle crashes.

  • Regulation and Safety: Barry is a strong advocate for regulation in automotive safety. He highlights recent developments like FMVSS 127, which mandates active safety technology in all new vehicles by 2029.

  • Licensing Model: Provizio’s licensing model allows for widespread adoption of their technology by automotive suppliers, ensuring better performance and lower costs while turning potential competitors into customers.

  • Long-Term Vision: Barry envisions Provizio’s technology becoming ubiquitous in vehicles worldwide, likening its necessity to that of seat belts, with a goal of having it in millions of cars within the next five years.


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Sponsors:


Front Lines — We help B2B tech companies launch, manage, and grow podcasts that drive demand, awareness, and thought leadership.


www.FrontLines.io




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