KSA · JUNE 2026 SEED ROUND PRICED EQUITY $8M POST-MONEY
LOOK AT IT.
SAY SCAN.
HEAR THE FIX.

A maintenance technician faces any machine, says "Scan," and hears verified, step-by-step repair instructions through a bone-conduction speaker — hands-free, gloves on, in their own language.

Under 5 seconds. Every time. Zero hallucination.

<5s
End-to-end
$0.02
Cost / scan
>18:1
LTV : CAC
JOIN THE ROUND SEE HOW IT WORKS
FIXVIEW HUD v1.0 · KSA-R2
● REC
1
Image captured via WiFi
100ms
2
CV identifies fault: 91% confidence
580ms
3
RAG retrieves OEM procedure
420ms
4
LLM formats audio instruction
1200ms
5
Bone-conduction audio delivered
150ms
🦴 BONE CONDUCTION OUTPUT
Say "Scan" to receive verified audio instructions...
THE PROBLEM

KNOWLEDGE
TRAPPED AT
RETIREMENT.

When a pump fails at 2 AM in an ARAMCO plant, the repair procedure is trapped in a retiring senior tech's head, a PDF on a server, or a CMMS that needs gloves off to use.

53% of skilled maintenance workers globally are over 45. Their institutional knowledge — which machine makes which sound before failure — disappears when they retire. This drain is accelerating across Saudi industrial cities.

$50B
Unplanned downtime
cost per year globally
30 min
Manual search time
per maintenance incident
53%
Workers over 45
carrying undocumented knowledge
<40%
CMMS adoption
gloves-off barrier is the cause
5-STEP PIPELINE · END-TO-END IN UNDER 5 SECONDS

FROM EYELINE TO EARPIECE

01
👓
LOOK
Technician faces the machine. Says "Scan."
<100ms
02
📡
CAPTURE
Glasses → phone via WiFi. Image compressed & uploaded.
<100ms
03
🔍
IDENTIFY
CV model recognizes equipment & fault at 91% confidence.
<680ms
04
📋
RETRIEVE
RAG pulls verified OEM procedure. Zero invention — ever.
<1,500ms
05
🦴
DELIVER
Bone-conduction audio: steps, parts, torques, safety warnings.
<150ms
TOTAL PIPELINE <5 SECONDS — ZERO HALLUCINATION
COMPETITIVE MOAT

WHY WE WIN

No competitor offers this combination. Each pillar alone is a barrier. Together they are a fortress.

🚫
ZERO HALLUCINATION
Our AI never invents a torque spec. RAG-constrained: CV identifies the fault, backend pulls the verified OEM procedure, LLM only formats — never generates. This is the entry ticket for ARAMCO and any regulated site.
🇸🇦
NCA DATA RESIDENCY
ARAMCO data stays in KSA — AWS Bahrain region. This disqualifies Meta, Google, and every US-routed competitor from the tender. We are KSA-registered from Day 1.
🦴
AUDIO-FIRST DESIGN
No HUD display: gloves stay on, eyes on the machine, sunlight never a problem, battery lasts 8+ hours. HUD competitors fail in outdoor industrial environments — we are designed for them.
💰
$199 HARDWARE
$199 COGS vs $3,500 for RealWear. We enter sites the competition cannot price into. The moat is entirely in software: zero-hallucination RAG, curated OEM database, audio-first UX.
🔧
KNOWLEDGE CAPTURE
We turn senior technicians' tribal knowledge into a structured RAG database before they retire. This $80K–$150K service creates deep lock-in and a data asset no competitor can replicate.
⚙️
SAP/MAXIMO NATIVE
Work orders created automatically from voice-triggered scans. No behavior change for ops managers — just AI-augmented existing CMMS workflows. Integration is the moat accelerator.
COMPETITOR
HW COST
MONTHLY
HANDS-FREE
ZERO HALLUCINATION
PTC Vuforia
$3,500+
$500+/user
❌
❌
TeamViewer Frontline
$2,000+
$500+/user
Partial
❌
RealWear + Atheer
$2,500+
Enterprise
✓
❌
FixView (AIMAN)
$199
$99–$199
✓
✓
KSA INDUSTRIAL MARKET · VISION 2030

THE SCALE OF THE OPPORTUNITY

$8.2B
KSA Smart Glasses Market
17% CAGR
$3–5B
ARAMCO AI Value Target
2025 target
$1.2B
KSA Maintenance AI TAM
FixView vertical
85+
ARAMCO Projects Active
$52–58B capex/yr
ARAMCO
FixView Enterprise
$200K–$500K/yr
Year 1–2 · Anchor target
SABIC Industrial
FixView Enterprise
$100K–$300K/yr
Year 2
Ma'aden Mining
FixView Enterprise
$100K–$250K/yr
Year 2–3
BUSINESS MODEL

HARDWARE OPENS DOORS.
SOFTWARE IS THE BUSINESS.

FixView (AIMAN)
$199
$199 HARDWARE
$199 COGS vs $3,500 for RealWear.
BASIC SAAS
$99
/ month / technician
Dashboard · Basic RAG
PRO SAAS
$199
/ month / technician
Fleet · SAP integration
ENTERPRISE
$50K+
/ year / site
Custom RAG · Knowledge Capture
12-Month LTV
$3,778
per technician
LTV : CAC Ratio
>18:1
world-class unit economics
Break-Even
MONTH 14
base case scenario
SEED ROUND · JUNE 2026 · PRICED EQUITY
$2,000,000
25% · $6M Pre-Money · $8M Post-Money
2 TRANCHES$1M NOW$1M AT MILESTONE~18 MO RUNWAY
TRANCHE 1
$1M
12.5% EQUITY
TIMING
At signing — wired immediately. KSA entity registration starts Day 1.
TRIGGER
Term sheet signed + KSA entity incorporation + MVP development commenced.
DEPLOYED ON
▸Engineering: 4–5 FTEs for 6 months
▸AI infrastructure & RAG database build
▸Arabic HUD, voice commands, dashboard live
▸5 pilot deployments — SABIC/NEOM targets
▸KSA local partner onboarding
TRANCHE 2
$1M
+12.5% EQUITY
TIMING
Month 6–9 upon milestone confirmation. Same $8M implied price — no step-up.
TRIGGER (EITHER/OR)
ARAMCO enterprise contract ≥$250K signed — OR — 50+ paid active devices on $99–$199/mo SaaS confirmed.
DEPLOYED ON
▸Scale to 6–7 FTEs
▸ARAMCO/SABIC enterprise contract execution
▸GCC expansion preparation (UAE, Qatar)
▸Series A data package readiness
▸Contingency buffer for procurement cycle
CAP TABLE — $8M POST-MONEY
Founders / AIMAN
75%$6.0M
Seed Investor
25%$2.0M
POST-MONEY TOTAL$8.0M
FOUNDERS 75%INVESTOR 25%
ESOP pool (10%) available if required — carved from pre-money, investor stake protected.
USE OF FUNDS — $2M
Engineering & AI/RAG35% · $700K
GTM + KSA Entity + Local Partners20% · $400K
Operations & Working Capital25% · $500K
Hardware & Pilot Devices8% · $160K
Contingency Reserve12% · $240K
INVESTOR RETURNS — Y3 BASE CASE $6.77M REVENUE · 75% GROSS MARGIN
Revenue Multiple
Company Value
25% Stake
Return on $2M
5× (conservative)
$33.8M
$8.5M
4.2×
6× (base case)
$40.6M
$10.1M
5.1×
8× (upside)
$54.1M
$13.5M
6.8×
18-MONTH MILESTONES
M1–3
KSA Entity + MVP Live
▸CR registration — Saudi entity operational
▸MVP on HeyCyan E02 smart glasses
▸Arabic HUD + bone-conduction audio live
▸RAG: first 500 OEM procedures loaded
M3–6
First 5 Pilots Deployed
▸SABIC or mid-size factory first deployment
▸Field accuracy benchmarks — real data
▸Arabic localization complete
▸Tranche 1 fully deployed
M6–9
TRANCHE 2 TRIGGER
▸ARAMCO contract ≥$250K signed — OR
▸50+ paid active devices confirmed
▸Break-even trajectory confirmed
▸Tranche 2 closes: +$1M, +12.5%
M9–14
Scale to Break-Even
▸100+ active devices across KSA
▸Enterprise license negotiation
▸SAP PM / Maximo integration live
▸Break-even achieved — Month 14
M14–18
Series A Readiness
▸200+ devices · $1M+ ARR
▸GCC expansion: UAE industrial zones
▸Series A data package ready
▸Target: $5–8M at $25–40M pre-money