Italy's Magic Vision raises €600K for wearable-free elder-care monitoring
What's the deal? Italian deeptech startup Magic VisionDealroom has a profile for this one. Try Dealroom → has raised €600,000 to commercialise Silver Eye, an AI-powered monitoring system for older and vulnerable people. The round was backed by SixS, the Italian firm behind nonprofit management platform Gecos, alongside a group of Italian business angels with expertise in law, compliance and business development.
What's the endgame? Founded in 2023, Magic Vision builds AI and computer vision tools for elderly care and independent living. Silver Eye uses sensors and proprietary algorithms to detect falls, flag behavioural changes and spot critical events — all without requiring the user to wear a device.
How it works: The system processes data locally through edge AI, without storing or transmitting images. It is designed for private homes, senior living facilities, cohousing and residential care, and alerts caregivers only when intervention may be needed.
The idea came from co-founder and chief technology officer Federico Lanzani, whose grandfather fell and remained on the floor for a day. "We therefore decided to use our expertise in artificial intelligence to develop technology capable of recognising risks without requiring a person to wear a device or call for help," Lanzani said.
Why now? As populations age, care providers face rising demand against limited staff and resources. Silver Eye is already in pilot and commercial projects with Italian care providers, with more than 200 sensors installed; the company aims to monitor over 100 people by the end of 2026.
What's next? Magic Vision is preparing another round to fund commercial growth, expand its partner and distributor network in Italy, and enter European markets. "With Silver Eye, we want to enable new care models that help older people remain independent while supporting families and care professionals," said chief executive officer Lorenzo Mauri.
The signal: The raise is a modest early-stage bet in a fast-growing eldercare-monitoring market. Italy's TeiaCareDealroom has a profile for this one. Try Dealroom → raised €7 million in April and Germany's AssistMe €6.5 million in August, both to scale sensor-based care platforms. Magic Vision enters a validated but increasingly competitive category, where success will hinge on proven deployments, accuracy and user acceptance.
Read more: Tech.eu
Image credit: Generated with Gemini
