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Provizio: EIC Accelerator Grant for 4D Radar, and What Came Next

October 7, 20262,172 words11 min

Provizio Limited, registered in August 2019 by radar entrepreneur Barry Lunn, set out to stop car crashes before they happen. In the EIC Accelerator pilot's March 2020 cut-off it won a grant for P-APT, the "Provizio Accident Prevention Technology Platform", a mix of its own radar sensors and machine learning meant to "see further, wider and through obstacles". The EU paid €2,499,962.50 towards a total cost of €3,571,375 for a project that ran from 1 July 2020 to 30 June 2022, according to CORDIS. The Commission's list of March and May 2020 winners names Provizio Limited of Limerick, grant only, with no other company listed on the project.

Six years later the company is still filing returns and still showing radar at trade fairs. Its radar now ships as a software and antenna design for a Texas Instruments chip, and in contract-built test units. A series production contract with a carmaker, the step that would put its sensors into everyday vehicles, has not been announced.

€2.50MEU grant for P-APT, March 2020 cut-off
$6.2MSeed round announced November 2020
48Virtual receiver channels from one TI radar chip, per Provizio
0Public carmaker series production deals

Company file

Legal entity
Provizio Limited, CRO number 654660, private company limited by shares
Registered
6 August 2019; current name effective 9 January 2020
Headquarters
Bay 80, Shannon Free Zone, Shannon, County Clare (CORDIS address: Bedford Row, Limerick)
Leadership
Barry Lunn, chief executive and co-founder; Luke Curley, co-founder
Known investors
ACT Venture Capital, Movidius founders Seán Mitchell and David Moloney, Bobby Hambrick
Products
MIMSO radar antenna technique, 5D Perception software, VizioR&I and VizioPrime radar units
EIC project
P-APT, CORDIS 960667, March 2020, grant only
Staff
Not public; Solocheck classes the company as a micro company

Where Provizio Stands Now

Provizio is active. The Companies Registration Office's open company data lists it with status "Normal", an annual return made up to 31 July 2026 and accounts to 31 December 2025, and Solocheck records that return as received on 25 September 2026. Solocheck counts 16 shareholders, the largest a company called Nouvation Limited, and classes Provizio as a micro company. The CRO's financial statements data lists filed accounts for the years to December 2022 and December 2024; the figures themselves are in paid documents and could not be checked for this article. OpenCorporates lists a return of allotments, the form filed when new shares are issued, on 24 July 2025; how much money, if any, came with it is not public.

In December 2025 the company announced that it would show software-defined radar with AI perception at CES 2026, hosted in Texas Instruments' meeting rooms. Its website now calls Provizio "the application layer for Software Defined Radar", with markets ranging from cars and robotaxis to mining, agriculture, smart cities and drone detection.

The Technology: More Radar Out of One Chip

Most cars today use cameras plus a few low-resolution radars, and premium self-driving systems add lidar, which is expensive. Imaging radar, often called 4D radar because it measures distance, direction, height and speed, promises much of lidar's picture in all weather and at a fraction of the cost. The catch is that sharper radar images normally need more transmitter and receiver chips, which raises the price.

Provizio's answer is MIMSO, a "software defined active antenna technique" that switches transmitters at high speed on the antenna layer and so extends a single Texas Instruments AWR2944 radar chip to "48 virtual receiver channels" with an angular resolution "of sub 0.5 degrees", according to the product's listing on TI's website. At CES 2025 the company claimed this gives "20x higher resolution" than conventional single-chip solutions, according to EE Journal. On top sits 5D Perception, Provizio's machine-learning layer that classifies and tracks objects on a GPU inside the sensor. Lunn told eeNews Europe in January 2024 that this gives carmakers "L3+ without LiDaR", and that the price would drop below $100 in million-unit quantities. None of these performance figures has been tested independently in public.

What P-APT Promised, and What the Record Shows

The project's final report on CORDIS sets out three objectives: develop the platform and test it on the road; build "Research Instrument Units" to support pilots and de-risk market entry; and make the platform "scalable and licensable" for mass deployment. It says "all objectives have been achieved and surpassed". The report lists radar hardware combined with camera and lidar, live streaming of radar data into machine learning on a GPU, an API for customers, a phone app to warn drivers, patents pending, and road tests on carmaker-supplied vehicles at Future Mobility Campus Ireland. It also says the sensors had "led to series production discussions with multiple potential partners".

  1. Develop the platform and test it on the roadDeliveredRoad tests on carmaker test vehicles at Future Mobility Campus Ireland, per the CORDIS report; a radar-equipped Land Rover shown at CES 2023.
  2. Research units for pilot customersDeliveredA Voi e-scooter pilot in 2022 and VizioR&I units built by contract manufacturer Mergon from 2024.
  3. A licensable, scalable platformPartlyMIMSO listed as a third-party tool on TI's site; no licensee named.
  4. Mass deployment in vehiclesNot achievedProvizio said in January 2023 it planned mass production availability by 2025; no carmaker or Tier 1 production contract has been announced.

The project ran to its planned end date. What it delivered is a working sensor platform, and the company has kept developing it since. The aim of the grant, an accident prevention platform ready for mass deployment, is still unmet four years after the project closed. No public release of the phone app described in the report could be found.

What Provizio Has Achieved Since the Award

When it unveiled its 5D Perception system on a Land Rover at CES 2023, Provizio said it planned mass production availability by 2025, according to its announcement. No such production start has been announced.

The money came first. In November 2020 Provizio announced a $6.2 million seed round, which Silicon Republic put at €5.2 million, with backing from Autonomous Stuff founder Bobby Hambrick, the founders of chip company Movidius, ACT Venture Capital and the European Innovation Council, according to The Irish Times and TechCrunch. P-APT was a grant-only award, and Provizio does not appear in the EIC Fund's list of invested companies (all 17 pages, 326 entries, checked for this article), so the EIC's part was the grant rather than equity. None of the reports says how much of the $6.2 million was the EU grant. In October 2022 The Currency reported that Provizio was extending the seed round and was no longer pre-revenue; no amount was given, and no later round has been announced by the company.

The product announcements followed one another. Provizio agreed a pilot with Swedish e-scooter operator Voi in October 2022. In October 2023 it started a pilot with certification company exida aimed at ISO 26262 and IEC 61508 certification for its machine-learning safety technology, according to its announcement; no certificate has been announced since. In January 2024 it launched VizioPrime 6K, a forward radar it said senses up to 600 metres and calls "the first market-ready solution to outperform LiDAR for L3+ applications", and it told eeNews Europe it had projects with "over 10 OEMs" and targeted revenue from industrial applications in the second quarter of 2024. In April 2024 Mergon, an Irish automotive supplier with plants in five countries, agreed to design and manufacture its VizioR&I production units, according to eeNews Europe and ThinkBusiness. At CES 2025 it showed the MIMSO reference board with Texas Instruments.

"Cost has been a key challenge that has held back rollout across all vehicles."

Barry Lunn, chief executive, Provizio, on 4D imaging radar, to EE Journal, January 2025

The record has gaps. None of the more than ten carmaker projects has been named. Whether the 2024 revenue target was met cannot be checked, because the filed accounts are not free and Provizio publishes no figures. The company also lists two projects with the European Space Agency's NAVISP navigation programme, on radar-based location mapping and free-space mapping; ESA does not publish their amounts on that page. CORDIS lists no other EU project for the company.

The Founder's Track Record

Lunn came to Provizio from Arralis, a Limerick radar chip company he led. The sources describe its 2017 deal differently: The Irish Times headlined it as "Arralis gets €50m from Hong Kong-based consortium", while The Irish Times' 2020 Provizio story, The Currency and ThinkBusiness describe Arralis as sold for about $50 million. Provizio's 2022 KPMG Global Tech Innovator award in Ireland is reported both in the CORDIS report and by The Currency.

What could not be verified

Staff numbers, revenue, losses and equity are not public in free sources. No funding round after the 2022 seed extension has been announced by Provizio or its investors, and the size of that extension is not public.

Why Europe Should Care

Road safety is written into EU law. Since 6 July 2022 the EU's revised General Safety Regulation has required new vehicles to carry advanced driver assistance systems, including automated emergency braking and lane keeping, measures the Commission expects to save over 25,000 lives and avoid at least 140,000 serious injuries by 2038, according to the EU's Urban Mobility Observatory and the parts suppliers' association CLEPA, which lists further stages in 2024, 2026 and 2029. Every one of those systems needs sensors. A European supplier of cheaper, sharper radar fits that demand. Provizio's own design, however, runs on an American chip from Texas Instruments and an Nvidia processor, so it adds European software and antenna know-how to a supply chain that remains largely American.

What the EIC funded

An accident prevention platform of radar, vision and machine learning, made "scalable and licensable" for mass deployment in vehicles.

What the record shows

Road-tested sensors, contract-built test units, an e-scooter pilot and an antenna design sold through Texas Instruments. No named carmaker, no announced production contract and no public financial figures.

The Verdict

The technology survived, the market is still out

P-APT did what a development grant can do: Provizio built its sensor platform, tested it on the road and turned it into products that are still on sale six years after the award. The harder promise, mass deployment that would actually prevent accidents, has not been met. Its shift towards licensing its radar know-how on Texas Instruments' chips may be the faster route to cars, but no carmaker has said in public that it is taking it.

Provizio has not been asked for comment for this article. It is based entirely on public records, company statements and EU project data, linked throughout.

Industry

Mobility and transportAutomotive

Focus
  • Automotive sensors
Technologies
  • Radar
  • Artificial intelligence
Keywords
  • Imaging radar
  • Driver assistance
  • Road safety
  • Autonomous driving

Start with the EIC Accelerator

Expert review for Step 1 and Step 2, suitability assessment and grant screening.

Eureka Network

Eureka Network offers multiple international collaborative R&D programs including Network Projects, Clusters, Eurostars, Globalstars, and Innowwide, with funding ranging from €50K to €6.75M per project depending on the specific program. The network focuses on market-driven innovation and deep-tech development across diverse technology sectors including ICT/Digital, Industrial/Manufacturing, Bio/Medical Technologies, Energy/Environment, Quantum, AI, and Circular Economy. Applicants include SMEs, large enterprises, research organizations, universities, and startups, with Eurostars specifically targeting R&D-performing SMEs.

EIC Transition

EIC Transition provides up to €2.5 million in funding to bridge the 'valley of death' between laboratory research and market deployment, focusing on technology maturation and validation. The program supports single legal entities or small consortia of 2-5 partners including SMEs, start-ups, spin-offs, and research organizations. Technology areas include Health/Medical Technologies, Green/Environmental Innovation, Digital/Microelectronics, Quantum Technologies, and AI/Robotics.

EIC STEP Scale-Up

EIC STEP Scale-Up offers substantial equity investments of €10-30 million for established deep-tech companies ready for hyper-growth and large-scale expansion. The program targets SMEs or small mid-caps with up to 499 employees who have secured pre-commitment from qualified investors. Focus areas include Digital & Deep Tech (Semiconductors, AI, Quantum), Clean Technologies for Net-Zero goals, and Biotechnologies.

EIC Pre-Accelerator

EIC Pre-Accelerator is a pilot program providing €300,000-€500,000 in funding for early-stage deep-tech development and preparation for the EIC Accelerator program. The initiative is exclusively available to single SMEs or small mid-caps from 'Widening countries' to support regional innovation development. The program covers deep-tech innovations across physical, biological, and digital domains.

EIC Advanced Innovation Challenges

EIC Advanced Innovation Challenges is a new pilot program offering €300,000 (Stage 1) and up to €2.5 million (Stage 2) for breakthrough deep-tech solutions through ARPA-style staged funding with demand-side integration. The program targets single entities or small consortia (2-3 partners) including SMEs, start-ups, and research organizations. Focus areas include Physical AI for autonomous robotics and New Approach Methodologies (NAMs) for animal-free biomedical testing, requiring TRL 4 entry with end-user commitment.

EIC Pathfinder

EIC Pathfinder offers up to €3 million for Open calls and up to €4 million for Challenge-based calls to support early-stage research and development with proof-of-principle validation. The program requires research consortia with a minimum of 3 partners from 3 different countries, including universities, research organizations, and SMEs. Technology focus areas include Health/Medical, Quantum Technologies, AI, Environmental/Energy, and Advanced Materials.

EIC Accelerator

EIC Accelerator provides flexible funding options including blended finance (€2.5M grant + €0.5M-€10M equity), grant-only (up to €2.5M), or equity-only arrangements for scale-up and market deployment of breakthrough innovations. The program targets SMEs, start-ups, and small mid-caps with up to 499 employees, with MedTech/Healthcare representing 35% of funded projects. Other technology areas include Biopharma, Energy, AI, Quantum, Aerospace, Advanced Materials, and Semiconductors.

Innovation Partnership

Innovation Partnership facilitates collaborative innovation between public and private sectors with typical funding of €1-5 million per project. The program supports cross-sectoral strategic technologies through public-private partnerships and consortia. Projects focus on addressing societal challenges through collaborative innovation approaches.

Innovation Fund

The EU Innovation Fund provides substantial funding of €7.5 million to €300 million for large-scale demonstration of innovative low-carbon technologies. The program targets clean energy, carbon capture, renewable energy, and energy storage technologies to accelerate the transition to a low-carbon economy. Applicants include large companies, consortia, and public entities capable of implementing large-scale demonstration projects.

Innovate UK

Innovate UK offers various programs with funding ranging from £25K to £10M depending on the specific initiative, supporting business-led innovation, collaborative R&D, and knowledge transfer. The organization funds projects across all sectors with particular focus on emerging technologies and supports UK-based businesses, research organizations, and universities. Programs are designed to drive economic growth through innovation and technology commercialization.

Industrial Partnership

Industrial Partnership provides €2-10 million in funding for industrial research and innovation partnerships focusing on manufacturing, industrial technologies, and digital transformation. The program supports industrial consortia and research organizations in developing collaborative solutions for industrial challenges. Projects aim to strengthen European industrial competitiveness through strategic partnerships.

Eurostars

Eurostars is a joint EU-Eureka program offering €50K-€500K for international R&D collaboration specifically led by SMEs. The program takes a bottom-up approach, accepting projects from all technology fields without predefined thematic restrictions. R&D-performing SMEs must lead the consortium and demonstrate significant R&D activities.

LIFE Programme

The LIFE Programme provides €1-10 million in funding for environmental protection, climate action, and nature conservation projects across the European Union. The program supports environmental technologies, climate adaptation strategies, and biodiversity conservation initiatives. Applicants include public authorities, private companies, NGOs, and research institutions working on environmental and climate challenges.

Neotec

Neotec is a Spanish program offering €250K-€1M in funding for technology-based business creation and development, supporting the growth of innovative Spanish SMEs and start-ups. The program covers all technology sectors and aims to strengthen Spain's technology ecosystem. Funding is specifically targeted at Spanish technology-based SMEs and start-ups to enhance their competitiveness and market presence.

Thematic Priorities

EU Thematic Priorities encompass various programs aligned with EU strategic priorities including green transition, digital transformation, health, and security initiatives. Funding amounts vary based on the specific program and call requirements, with projects designed to address key European challenges. Applicant eligibility varies by specific program and call, with different requirements for different thematic areas.
EIC AcceleratorBeneficiary Deep Dive#Provizio#P-APT#imaging radar#ADAS#autonomous driving#road safety#Ireland
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