Mavis.

Seed round open · Northampton, UK

Independence, without sight.

Mavis makes AI glasses that let blind and partially sighted people walk, read, shop and travel on their own. Built in Northampton by a founder who has lived with severe visual impairment since childhood.

CE marked UK patent granted Shipping since May 2026 DSA funding approved
1 m 2 m 3 m
Obstacle detection · adjustable range · works offline
295MPeople living with sight loss worldwide; 2M in the UK
£1,230Retail price per unit — competing devices cost £2,600–£5,150
62–65%Blended gross margin across hardware and subscription
£500,000Raising now at £2M pre-money, EIS eligible

The round

Mavis is raising £500,000

Ordinary shares at a £2M pre-money valuation. Full terms, use of funds and investor-status confirmation on the round page.

Seed 2026 · 0% committed

£0 of £500,000 committed so far · minimum ticket £10,000

See the full terms

Previous round

Pre-Seed 2025 — complete at £1.65M pre-money

SEIS advance assurance was used for the first round; this round is EIS eligible, subject to HMRC and your own circumstances.

Funding history
RoundPre-moneyPrice per shareRaisedInvestors
Seed 2026 Open£2M£8.2260£50,000 of £500,000 (10%)120.0%
Pre-Seed 2025 Closed£1.65M£259,872£1.91M post-money

Figures come live from the company's share register. Investor names and individual amounts are never published; shareholders can see their own holding in the investor portal.

Contact

Talk to us

David answers investor enquiries himself. The quickest route is email.