Creative Labs Corp LLC, a startup based in Romania, has joined FasterCapital’s incubation program. CreativeLabs aims to increase the efficiency of emergency services by introducing Idris technology, the next generation of first-aid and emergency services. FasterCapital will become the technical cofounder, invest $150,000, and provide help in marketing and sales in the following rounds. Andrei Buzatu, the Romanian co-founder of CreativeLabs has joined the incubation program this year, on his quest he has commented: Idris (intelligent drone intervention system) is about cutting intervention time and costs in emergency situations, about saving lives and reducing damages. Idris solution is a software-hardware system operating fully autonomous and automated drones, equipped with AI for self-operating decisions, capable to intervene or to assist in emergency situations (natural or man-made). Our goal in the first round of fundraising is to raise $300,000, for the completion of R&D of the software and hardware. We are looking for co-investors as co-founders willing and ready to share knowledge and experience, not only funds, to develop Idris.

Mr. Hesham Zreik, CEO of FasterCapital, said: We are always looking to help entrepreneurs who have a clear vision and lack the technical support and investment. We are happy to have CreativeLabs in our portfolio and we are positive that we can make a great impact on it.