OrCam wins award

OrCam has been named as a Red Herring Top 100 Europe award winner, which recognise the innovations and technologies established by private start-ups.

The wearable artificial vision device company was selected from an estimated 1200 companies that were put forward for the European branch of the accolades.

The Red Herring awards were launched in 1996 and have previously recognised companies including Facebook, Skype and Spotify.

Speaking about this year’s awards, publisher and CEO of Red Herring, Alex Vieux, said: “In 2019, selecting the top achievers was by no means a small feat. In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early in the European tech ecosystem.”

On the selection of OrCam, Mr Vieux said: “We believe OrCam embodies the vision, drive and innovation that define a successful entrepreneurial venture. OrCam should be proud of its accomplishment, as the competition was very strong.”

OrCam’s MyEye 2.0 device enables blind and partially sighted users to instantly read text from any surface. Magnetically mounted on the wearer’s spectacles or sunglasses, the MyEye 2.0 is activated by pointing gestures or the wearer’s gaze. It is then able to read text, as well as recognise faces, products and bank notes.

As a result of the accolade, OrCam is invited to showcase its product in the US market at Red Herring’s Top 100 North America event in May.