Matej Vengust

Matej Vengust

From gaming to a successful high-tech company

Matej Vengust's long-standing interest in new technologies and inspiration in bold ideas and computer games led him to assemble a team to create a VR platform. He soon realised that the platform could have uses beyond gaming and the Nervtech start-up was born, with Matej as its co-founder and CEO.

Even a hobby, such as gaming, which can at first glance seem unproductive, can lead to the creation of a high-tech company, contributing to better road safety and the development of autonomous vehicles.
Matej Vengust,
What inspired you to create your start-up?

“I am a big fan of computer games and fast cars. What was affordable on the market 10 years ago did not meet my desires and expectations. My team and I developed an augmented reality environment in a compact simulator. We soon realised that the platform could have other, more important usages, which led us to evaluating and training drivers in a simulator.

The simulator measures how the driver reacts in a dangerous situation. The scenarios are adapted to the driver's preferences and road regulations of specific countries. We observe the driver's performance and collect biometric data, which tells us how the driver would react in real life. Everyone wants to know if they drive safely, how to improve and how their skills compare with others. Simulation testing received positive feedback both in Slovenia and other EU countries. Anyone can try it when they go to major trade fairs, conferences and events dedicated to safe driving or new technologies in general. The simulator can also be rented out to companies which specialise in transport or road construction, planning and traffic regulations.” 

How has the EU helped in the development of your business?

“The EU provided funding for launching our start-up, which forms a big part of my life today. I don't see it as work, but as a lifestyle. I enjoy what I do, and I believe in success. When I was a student, I travelled a lot around the EU and beyond. By getting to know about different countries and cultures, I gained experience that has been, and continues to be, invaluable for managing my company. I learnt, for example, that the driving culture in the Balkans is completely different to Western Europe, India or the US.”

What goals have you set for Nervtech?

“The main goal is to reduce the number of fatalities due to car accidents across all EU countries and beyond. Road accidents are one of the most common causes of death among the young population between 15 and 29 years old. Many of them also suffer serious injuries with lifelong consequences. As well, 90% of accidents are caused by dangerous driving behaviour, such as speeding, being distracted, under the influence of alcohol or other substances, and so on.

The long-term goal is to contribute to the development of autonomous vehicles by adding the human-decision-making factor. I am going to continue in this direction until I achieve a significant change in this field.”

What is your advice to young entrepreneurs at the beginning of their career path?

“If you are persistent, you will succeed. It is important to pursue your passion. Even a hobby, such as gaming, which can at first glance seem unproductive, can lead to the creation of a high-tech company, contributing to better road safety and the development of autonomous vehicles.”

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