Seed round open · Northampton, UK
Independence, without sight.
Mavis makes AI glasses that let blind and partially sighted people walk, read, shop and travel on their own. Built in Northampton by a founder who has lived with severe visual impairment since childhood.
Data room
Everything an investor needs, in seven short sections
Read them in order or jump to what matters to you. Existing shareholders sign in for the legal documents and the financial model.
The problem and the product
Why sight loss is more than sight, what the glasses do, and the two frames plus case.
Open section → 02Where we are
CE mark, UK patent, first sales, DSA funding, Innovate UK — the milestones to date.
Open section → 03Business model
Hardware plus subscription, margins, routes to market and why the niche is defensible.
Open section → 04Team
Founder and advisory board.
Open section → 05The pitch deck
26 slides — product, market, unit economics, six-year forecast and exit.
Open section → 06The round
Terms, use of funds and what it takes us to. Investor-status confirmation required.
Open section → 07Investor FAQ
The questions investors ask us most, each with a short answer and the full answer.
Open section → 08Documents
Investor documents and financial model for registered investors; cap table and register for shareholders. Sign in or register to open.
Sign in to open →The round
Mavis is raising £500,000
Ordinary shares at a £2M pre-money valuation. Full terms, use of funds and investor-status confirmation on the round page.
Seed 2026 · 29% committed
£145,673 of £500,000 committed so far · minimum ticket £10,000
Previous round
Pre-Seed 2025 — complete, £284,883 raised at £1.65M pre-money
SEIS advance assurance was used for the first round; this round is EIS eligible, subject to HMRC and your own circumstances.
| Round | Pre-money | Price per share | Raised | Investors | |
|---|---|---|---|---|---|
| Seed 2026 Open | £2M | £8.2260 | £145,673 of £500,000 (29%) | 8 | 20.0% |
| Pre-Seed 2025 Closed | £1.65M | £7.3883 | £284,883 | 15 | £1.93M post-money |
Figures come live from the company's share register. Investor names and individual amounts are never published; shareholders can see their own holding in the investor portal.
Contact
Talk to us
David answers investor enquiries himself. The quickest route is email.