Magic Vision lands €600K for AI-powered monitoring solution Silver Eye
Tech.eu Tamara Djurickovic
Magic Vision raised €600K to push its AI monitoring system for older people into market. Silver Eye spots falls and risks without wearables, and it’s already in pilot and commercial use.
Based on reporting by Tech.eu, Tamara Djurickovic — read the original for the full story.
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Italian deeptech startup Magic Vision has secured €600,000 to finish and sell Silver Eye, its AI monitoring system for older people and other vulnerable people. The money comes from SixS, the company behind Gecos, plus a group of Italian business angels with backgrounds in law, compliance and business development.
Founded in 2023, Magic Vision builds computer vision tools for elderly care and independent living. Silver Eye is its answer to a familiar problem: care needs keep rising, while staff and resources do not. The system combines AI with environmental sensors to detect falls, spot changes in behaviour and flag risks without asking anyone to wear a device.
The company says the technology relies on proprietary AI and computer vision models that analyse activity and rest patterns, then look for anomalies and critical events. It’s meant for private homes, senior living facilities, cohousing setups and residential care environments, including shared spaces where more than one person may be present. And it is built with privacy in mind, using edge AI to process data locally instead of storing or sending images elsewhere.
Silver Eye was inspired by a personal event in the life of co-founder and CTO Federico Lanzani, whose grandfather fell and stayed on the floor for an entire day. That experience pushed the team away from wearables, emergency buttons and other tools they saw as limited. The system is already in pilot and commercial projects with Italian care providers, with more than 200 sensors installed.
Magic Vision says the funding has helped it complete development and bring the product to market. The company wants to monitor more than 100 people by the end of 2026, then raise another round to support commercial growth, expand partners and distributors in Italy, and enter European markets. It also plans to grow its international customer base over the next two years.
My take — AI-written commentary, not fact-checked reporting
This is the sort of AI use case that actually sounds useful instead of theatrical. The best part is the refusal to pretend everyone wants a camera in the room; edge processing and no images stored is the minimum bar here, not a bonus feature. Care tech has spent years selling peace of mind, so it’s refreshing when a company starts with the practical problem instead of the marketing slide.
Read more about this at: Tech.eu
