Lolaark Vision Inc. offering is now closed and is no longer accepting investments.

Making the invisible visible

INVEST IN LOLAARK VISION INC. TODAY!

Lolaark Vision Inc. is a software technology company inventing and developing software for live video stream visibility restoration that helps the driver or an automated system of a vehicle to view and recognize potential risks when visibility is bad. A major advantage of our technology is that it can be applied to any HD camera without requiring special optical instrumentation.
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This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
Lolaark Vision Inc.

REASONS TO INVEST

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The global drone market is expected to grow to $63.6 billion by 2025; The autonomous (driverless) car market is projected to generate $556.67 billion by 2026; In 2027, the video surveillance market is projected to be worth $144.85 billion; The global medical imaging market size was valued at USD 15.9 billion in 2020.

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Lolaark Vision expects to become a trendsetter in areas where visual clarity and precision are a prerequisite for superior performance and reliability and Camera-based AI systems are key to safe and economical operations.

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The leadership consists of professionals with a variety of expertise, ranging from applied mathematics and computer science to startup launching and underwater operations.

Overview


Revolutionizing the way machines see the world 

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*Image of Lolaark Vision's software, which is in the prototype phase. Lolaark Vision's software is not currently available on the market.


Video streams for drones or dash cams and camera-based AI applications, such as “auto-pilots” or assisted driving devices often lose visual clarity due to visibility problems caused by fog, rain, snow, or by lack of light as in nighttime. 


Lolaark Vision Inc. is a software technology company that is inventing and developing software for live video stream visibility restoration that helps the operator or an automated system of a vehicle to view and recognize potential risks. This groundbreaking technology has the potential not only to revolutionize industries, but also save lives from potential accidents by minimizing human operating error. Our software isn’t a luxury; it’s the next step in the evolution of live video stream restoration. Lolaark Vision’s technology will provide visual clarity for AI based camera operating systems as they become more ubiquitous in everyday life.


Co-founders Dr. Sanat Kumar Upadhyay and Prof. Emanuel I. Papadakis invented several sophisticated mathematical models and algorithms that enabled visibility restoration and enhancement in a broad number of adverse conditions for all types of digital cameras. Our technology improves the visibility of scene structures in live video feed, still photography and in recorded videos, in a way that makes shapes easily recognizable even when they are not even visible in the original input.

THE PROBLEM


Most imaging operations can’t handle poor conditions


Real-time operations such as self-driving cars, security and surveillance, underwater inspections, and medical imaging. require clear visibility for optimal performance. Shade, low light, glare, strong headlights, fog, heavy rain and murky water often reduces camera visibility, thus performance quality. As our lives are becoming increasingly machine dependent, human vision is gradually being replaced or complemented by camera vision. The synergy of other sensor error probabilities must be practically zero. 



For instance, an autopilot for self-driving cars must detect objects ahead even under poor lighting conditions in order to avoid potentially dangerous obstacles. Marine safety inspections that are carried out by Remotely Operated Vehicles usually occur in inland water bodies or in river ports where visibility is always a difficult obstacle to overcome.


 

Security and Surveillance systems (such as face and object recognition systems) and drones can suffer poor visibility due to low illumination, haze, fog, precipitation, or or smoke. Camera sensors are unable to capture images with sufficient  clarity in such conditions, which makes object recognition and scene perception very difficult and often inaccurate for both humans and machines. Biomedical images can also suffer different forms of illumination challenges. Also, microscopic images of live specimens may suffer poor visibility due to weakening of laser light intensity. Often we cannot use strong lasers as it may damage the specimens.

 


All of these industries rely on accurate and clear camera views to provide the necessary visibility for their respective users. The common problem in all of these cases is to find fast and efficient algorithms that improve visibility in real-time for videos and images.

THE SOLUTION


Our algorithms will make your cameras see clearly in real time


The technology we developed has unique advantages. It is highly parallelizable, hence we can implement it in real time by taking advantage of programmable Graphics processing units, such as NVIDIA graphics cards, fitted even in laptops. It also achieves high restoration clarity for a great variety of visibility conditions, even for bad ones, such as the murky waters of coastal ports. This unique level of performance provides us with a strong foothold in multiple markets.



For self-driving cars, Lolaark Vision has the technology to assist those AI-based autopilot systems by improving the visual quality of the camera inputs. Our technology can help an autopilot or human detect objects ahead even under poor lighting conditions to avoid dangerous obstacles in a timely manner. For security and surveillance usage, Lolaark Vision can greatly enhance their capabilities under poor visibility conditions, both in real-time applications and in post-processing applications.

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In the biomedical imaging industry, our technology can greatly enhance visibility for both scans and medical cameras used for exploratory purposes by restoring the image quality during and after the scan. For marine operations, our prototype is currently configured for underwater cameras and can clean up a live video stream. Commercial divers and underwater drone operators can also use our technology with more confidence about what they see and in a fraction of time. Our technology allows them to inspect submerged structures such as ship hulls, dams, bridges in their operations when water turbidity poses big visibility problems. By harnessing the power of sophisticated mathematical algorithms and graphics card units, we tripled and quadrupled the visibility radius of underwater cameras in highly murky waters.



Our target market is other businesses who manufacture large systems used for operations such as security, surveillance, navigation, incorporating object detection and recognition. They integrate our technology as a preprocessing plugin to increase the accuracy of their systems when visibility conditions are poor. Within this framework, our main revenue stream will come from royalties collected from these other companies operating in the aforementioned markets.

OUR TRACTION


Early results yield immediate success 


We have developed both mathematical models and computational algorithms for our technology as well as working prototypes for both real time and offline visibility enhancement. So far, we have developed two prototypes, one for live video and another that works on saved video and photos. Both prototypes run on any gaming Windows PC with intel i7 processors and NVIDIA GTX 1060 card (or equivalent.) 


*Images are computer generated demo versions. Product is still currently under development


The live video prototype works in a real-time and can process 720p video at 25 frames per second in real-time. 


*Images are computer generated demo versions. Product is still currently under development


The “Offline prototype” can process videos up to 4k resolution and 60 frames per second. It is designed to quickly evolve as a very useful companion for underwater surveyors, marine archaeologists and biologists, oceanographers, forensic investigators, search and recovery teams, pipeline inspectors, and civil engineers for bridge and dam inspections. This utility works on video footage, single or multiple photos with only a few clicks to select the best fitting settings with the help of a preview window.


Lolaark Vision Inc. prototype software increases the visibility of a scene captured in live video mode, thus increasing navigational and operational safety, as well as overall performance efficiency. Integrating our technology as a real-time preprocessing step in a camera operating system will significantly improve the accuracy of your system.


Our goal is to advance these prototypes into software components suitable for implementing our algorithmic designs for higher resolutions up to 8K and high frame rates. Doing so, our aim is to make the technology flexible enough to function as a pre-processing software component for HD-camera clarity restoration for a number of dynamically growing industrial applications.



THE MARKET


A staggering potential for applications


Source

   

The autonomous (driverless) car market is projected to generate $556.67 billion by 2026; In 2027, the video surveillance market is projected to be worth $144.85 billion. (Source)


The true beauty of our technology is its applicability across multi billion-dollar markets. Major industries such as transportation (e.g maritime assets and bridge inspections, self-driving cars, helicopters, and car auto-pilots), security, defense, and surveillance (UAVs, hyperspectral, infra-red, and HD-security cameras), manufacturing, healthcare (robotic surgeries), and even entertainment are adopting artificial intelligence based camera operations. This trend provides Lolaark Vision an incredible opportunity to establish itself across multiple industries. (Source)



WHY INVEST


We’d like to be the eyes of the future


AI based camera operations and remotely controlled missions are already becoming the norm across many industries, and they’re trending to become even more commonplace. Our unique and highly effective technology can greatly enhance the vision of cameras across several different industries, translating into healthy capital returns for investors. Invest in a trend-setter new company, Lolaark Vision Inc and share our vision, to make visible what is currently invisible.

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*Image of Lolaark Vision's software, which is in the prototype phase. Lolaark Vision's software is not currently available on the market.


ABOUT

HEADQUARTERS
1037 CHESHIRE LN
HOUSTON, TX 77018
VALUATION
$19.11M

Lolaark Vision Inc. is a software technology company inventing and developing software for live video stream visibility restoration that helps the driver or an automated system of a vehicle to view and recognize potential risks when visibility is bad. A major advantage of our technology is that it can be applied to any HD camera without requiring special optical instrumentation.

TEAM

Emanuel Papadakis, Ph.D

Emanuel Papadakis, Ph.D

President, Treasurer, and Director

Papadakis is a Professor of Mathematics at the University of Houston in Houston, Texas. He has over 22 years of experience in applied mathematics. His area of research includes image and video processing, computer vision, deep learning, neuroscience imaging with an emphasis on the synaptic network, and statistics. Professor Papadakis is the second inventor of the technologies of Lolaark Vision. Papadakis has been the mentor of six Ph.D students.

Sanat Kumar Upadhyay, Ph.D.

Sanat Kumar Upadhyay, Ph.D.

Vice President, CTO, and Director

Sanat Kumar Upadhyay is the primary inventor of the technologies of Lolaark Vision, which he initially formulated as part of a research project with co-inventor Prof. Emanuel Papadakis. He later headed our team in successfully translating the work into commercial prototypes. He has 9 years of research and development experience in applied mathematics, computer science, software development, and microscopy, which gives him a very strong multidisciplinary background.

Randy Gagnon

Randy Gagnon

Secretary and Director

Randy Gagnon is one of our domain experts in the field of marine operations. He is the CEO of a successful company serving the maritime industry, theTexas Commercial Diving Inc. TCD is a business leader in the Houston-Galveston area for underwater ship repair, propeller polishing, hull cleaning and under water seal replacement for over 30 years. Randy is a professional diver and in this capacilty he is one of our in-house experts for the Lolaark Vision prototype's trials in the murky waters. 

TERMS

Lolaark Vision Inc.
Overview
PRICE PER SHARE
$2.50
DEADLINE
Sep 16, 2022
VALUATION
$19.11M
AMOUNT RAISED
$344,397.22
Breakdown
MIN INVESTMENT
$275.00
MAX INVESTMENT
$107,000.00
MIN NUMBER OF SHARES OFFERED
4,000
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
428,000

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

Lolaark Vision Inc.

Corporate Address

:

1037 CHESHIRE LN, HOUSTON, TX 77018

Offering Minimum

:

$10,000.00

Offering Maximum

:

$1,070,000.00

Minimum Investment Amount

(per investor)

:

$275.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

4,000

Maximum Number of Shares Offered

:

428,000

Price per Share

:

$2.50

Pre-Money Valuation

:

$19,108,005.00











*Maximum number of shares offered subject to adjustment for bonus shares. See bonus info below.

Voting Rights of Securities Sold in this Offering

Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

Investment Incentives and Bonuses*

Time-Based

Ultra Early Bird

Invest within the first 48 hours and receive an additional 18% bonus shares.

Super Early Bird

Invest within the next 4 days and receive an additional 15% bonus shares.

Very Early Bird

Invest within the next 7 days and receive an additional 10% bonus shares.

Early Bird

Invest within the next 10 days and receive an additional 5% bonus shares.

Amount-Based

Tier 1: $5000+

Receive 5% bonus shares

Tier 2: $10,000+

Receive 10% bonus shares

Tier 3: $20,000+

Receive 15% bonus shares

Tier 4: $106,000+ 

Receive 15% bonus shares plus a one-to-one virtual meeting with the CEO every six months.

*All perks occur when offering is complete.

The 10% StartEngine Owners' Bonus

Lolaark Vision, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $2.50 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $275. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments.

ALL UPDATES

09.28.22

A Thank You video for our investors and followers

A little less than two weeks after the end of our campaign we want one more time to thank you for investing in Lolaark Vision and for following us during this campaign. Earning the trust of 421 investors and having 1090 followers is a fact that we are proud of and humble about.  Our goal is to multiply your investment with our technology. While we complete the final trials for our first product work and research on one of our main domains, the challenges of car driving automation continues. To make these concepts clear to you and to discuss where our technology fits we have one more video made for you. This one is somewhat different from the previous demo videos. It has the favor of a documentary on night-time camera-based artificial intelligence-enabled self-driving vehicles.  The discussion was recorded during the open house held on September 17th, 2022.

As we promised we will keep posting updates on our progress and upcoming market penetration but we will also start a newsletter that our investors will receive via email. 


09.16.22

The clock is ticking relentlessly


Virtual Zoom Workshop: Saturday, Sept. 17th, 1030AM CDT (Dallas, TX time), 830AM (Pacific Time, have your coffee ready) after the end of our campaign, we will hold an open house to discuss AI and car accidents and the Lolaark Vision tech. We will watch a couple of videos with live commentary followed by a Q&A session. 

Zoom Meeting Id: 862 7515 9065 password:  410892  

Join the virtual workshop here

09.15.22

Closing by the end of the day

Last chance to invest in Lolaark Vision's technology

Don't miss it

 

09.15.22

Last day to invest

Thank you investors for the final sprint to the finish line. As of yesterday, Lolaark Vision is one of the top 15 most momentum companies in all Start Engine.  



09.14.22

Only 1 day left

09.13.22

Just 2 days and the clock is ticking relentlessly

Invest today, be bold to cross the Rubicon River as we did over a year ago when we started this company.

This campaign ends soon but we will stay in touch with you to inspire you and be inspired by your ideas and your support. Meet us for a technology discussion online on  Saturday, Sept. 17th, 1030AM CDT (Dallas, TX time), 830AM (Pacific Time, have your coffee ready) after the end of our campaign, we will hold an open house to discuss AI and car accidents and Lolaark Vision tech. We will watch a couple of videos with live commentary followed by a Q&A session. 

To enter the Open House click here   Zoom Meeting Id: 862 7515 9065 password:  410892  


09.12.22

Only 3 days left to invest

THANK YOU THANK YOU

400 INVESTED IN LOLAARK VISION INC.

TO THANK YOU WE HAVE A DIFFERENT VIDEO TODAY, "DRIVING IN THE RAIN"

Clarifying camera inputs is critical for self-driving cars. You need the car to help you with its sophisticated AI-based assistive driving tools when your own eyes aren't enough. Your car does not have this technology yet but  Lolaark Vision can now enable the cameras of your self-driving car to see more clearly even in heavy rain. Why stay on the sidelines. Invest today. THIS CAMPAIGN ENDS ON THURSDAY



09.09.22

Only 6 days to go.

We will not be tired of repeating that when you invest in Lolaark Vision you get a piece of tech that all cameras need in order to get a sharper and more clear view when exterior conditions work against them.  Think of Lolaark Vision as the Swiss army knife that is your key tool for your hiking adventure. It opens cans, and beer bottles works as a knife and even as nail clippers. Similarly, your car's or drone's camera works fine at all times without the need for any plugin, but what if you have to drive through thick fog? If you are interested in the science and not just the money-making opportunity read all of this update. 

The next clip is again from our data collection for a math project where we try to simulate steam and fog using probability theory-based numerical methods.  This time the steam was thicker than in the video we showed on the Aug. 22nd update. Once again the main object is the wall thermometer.

We close in 6 days but we want to stay in touch with you. We work to bring value to our investors and make our followers eager to invest. Next Saturday, Sept. 18th after the end of our campaign, we will hold an open house to discuss AI and car accidents and Lolaark Vision tech. We will watch a couple of videos with live commentary followed by a Q&A session. Stay tuned on this page.



09.09.22

Just 7 days to go. Here's why should you invest in Lolaark Vision today

Are you a follower and you are still waiting to invest? 

I understand why you are hesitant. Investing in new technology is not as easy as investing in an ice cream startup or a new brand of wine. It is more complex in the sense that it is more difficult to comprehend the aspects and the outreach of the new tech. 

Investing in Lolaark Vision amounts to investing in real and lasting innovation directly impacting many verticals. So, it is not like investing in an ice cream startup but it is like investing in a company that has already developed the most novel concept that is set to transform the world of ice cream.  LV  technology redefines the boundaries and limitations of cameras and of core new applications utilizing camera inputs. 

In the video below, LV's CEO explains how it all started and what its potential is. He answers a lot of questions about the scientific concepts empowering our technology and its potential applications to modern AI-powered camera apps.



09.07.22

Only 8 days left to invest in Lolaark Vision

Dear Investors and Followers,

We are grateful to all of you for being with us in this fundraiser. Your support has helped our company grow and bring our first product to the market. Our campaign has only 8 days left. After the end of our campaign, we want to have a way to communicate with you all and especially with our shareholders. We invite all of you to follow our social media pages. Our social media handles will continue to provide future updates from our company, marketing news, and future plans and milestone achievements.  Via social media, we can exchange ideas and have your feedback. 

Please find below our social media links.

Twitter - https://twitter.com/LolaarkVision

Facebook - https://www.facebook.com/LolaarkVision/

LinkedIn -  https://www.linkedin.com/company/lolaark-vision-inc?trk=public_profile_topcard-current-company

YouTube - https://www.youtube.com/channel/UCdIx147ieosDpeP3ZGVy4Sg

In addition, our shareholders will receive regular updates every 60 days on average via email. If you wish not to receive those emails you will be able to unsubscribe.  We will also keep posting updates on this startengine page for our followers. If you follow us on social media please PRESS the button Follow or subscribe.

Once again thank you very much for following our campaign on this platform and investing in our company. We are committed to honor your trust and add a lot of value to your investment. If you are a follower now is the time to become an investor. Invest an amount that you feel comfortable with. 

Sincerely

Dr. Emanuel Papadakis 

CEO and President










REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into Lolaark Vision Inc..

$275.00

StartEngine Owner’s Bonus

This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.

$5,000.00

Tier 1: $5000+

Receive 5% bonus shares

$10,000.00

Tier 2: $10,000+

Receive 10% bonus shares

$20,000.00

Tier 3: $20,000+

Receive 15% bonus shares

$106,000.00

Tier 4: $106,000+

Receive 15% bonus shares plus a one-to-one virtual meeting with the CEO every six months.

JOIN THE DISCUSSION













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