Luna Systems, a Dublin-based provider of AI-powered safety technology, announced on January 15, 2026, that it has secured €1.5 million in late seed funding to launch a new range of AI camera hardware for cyclists and motorcyclists. The investment round was led by Fundracer Capital and EIT Urban Mobility, with additional support from Enterprise Ireland.
The company specializes in Advanced Rider Assistance Systems (ARAS), bringing automotive-style safety technology to two-wheeled vehicles. Until now, Luna Systems has focused exclusively on Vision AI safety software, but this funding enables the company to expand into full system provision, significantly broadening its commercial reach.
New Product Launches
Luna Systems plans to release two main products in 2026. The first is a dual AI camera system designed for integration by e-bike and motorcycle manufacturers, offering features including collision warning, blindspot detection, and headway monitoring.
The second product marks Luna’s entry into the consumer cycling market: a rear-facing AI camera paired with a smartphone app. This device will provide real-time vehicle proximity warnings during rides, intelligent evidence recording, and post-ride mapping of incidents to identify dangerous locations. The consumer product targets road and commuter cyclists and will be available directly and through European distributors later this year.
Andrew Fleury, CEO of Luna Systems, highlighted the need for such technology. Six in ten people reportedly feel too afraid to cycle in their area, with fear of traffic being a major barrier to adoption, particularly in urban environments.
Fleury noted that while many countries face long waits for improved cycling infrastructure, ARAS technology can help bridge that gap immediately. He expressed confidence that such systems will become as common on bikes and motorcycles as Advanced Driver Assistance Systems are becoming in cars.
Fundracer Capital, based in the Netherlands, is led by prominent cycling entrepreneurs René Wiertz, Gerard Vroomen, and Andy Ording, founders of 3T Cycling, Cervélo, and Zipp Wheels respectively. The firm invests in emerging technologies focused on safety, efficiency, and innovation in cycling and mobility.
Wiertz explained that while much cycling innovation has served professional and experienced riders, industry growth requires making everyone feel safe in urban environments. He noted that vision-based AI offers advantages over radar solutions through its data capture capabilities, which can help identify dangerous infrastructure and enable safer route planning.
EIT Urban Mobility’s Peter Vest emphasized the organization’s commitment to making urban mobility safer, while Donnchadh Cullinan of Enterprise Ireland highlighted the importance of deep-tech solutions addressing global problems, expressing pride in supporting Luna’s international growth ambitions.