Sydney-based startup Andromeda Robotics has integrated generative artificial intelligence into robotics to complement the support provided in aged care.
WHAT IT DOES
Founded by a group of engineers in 2022, Andromeda Robotics aims to transform human-robot interactions by developing empathetic companion robots, targeting the elderly and children in hospitals.
WHAT IT'S ABOUT
The prototype...
Senior-focused technology company Intuition Robotics, which offers an AI-powered care companion robot for seniors experiencing loneliness, announced it closed a $25 million funding round, which includes $20 million in venture capital and $5 million in debt.
The round was led by Woven Capital, the growth fund of Toyota, with participation from OurCrowd, Toyota Ventures, Western Technology...
AI-powered senior-focused digital health company CarePredict announced it scored $29 million in Series A-3 investment co-led by Aspire Healthtech Partners and SV Health Investors' Medtech Convergence Fund.
Existing investors Las Olas Venture Capital and Secocha Ventures participated in the round, as did individual investors.
WHAT IT DOES
CarePredict offers an AI-enabled platform for senior care...
Boston-based Author Health, a hybrid care platform for Medicare Advantage members with serious mental illness and substance use disorders, launched with $115 million in financing.
General Atlantic led the round with participation from Flare Capital Partners.
WHAT IT DOES
Author Health provides virtual and in-person psychiatric care for Medicare Advantage recipients with a mental illness or...
Senior-focused digital health platform DUOS announced it secured $10 million in funding, bringing its total raise to over $33 million.
Primetime Partners, SJF Ventures and CEOc's Aging Innovation Fund managed by Castellan Group led the round.
WHAT IT DOES
DUOS initially offered a direct-to-consumer platform that pairs older adults with a manager, called a Duo, who can set up rides, arrange food...
Canadian health tech company PointClickCare has acquired Patient Pattern, a value-based care electronic health record and integrated care management platform.
Patient Pattern works with Medicare Advantage Special Needs Plans, PACE programs and ACO REACH participants.
The New York-based company offers Care Coach, a workflow management program to help organizations manage fee-for-service and...
Seniors make up a growing portion of the population in the U.S., and many express a desire to stay in their homes as they get older.
Technology can help them thrive as they age, said panelists at CES 2023 on Thursday. But the digital health market needs to consider accessibility and usability to ensure those devices can make a difference.
"Seniors are more mobile, they're more active in their...
Carallel, which offers digital health and support tools for family caregivers, scooped up $8.2 million in Series A funding.
The round was led by FCA Venture Partners, with participation from investors including 450 Ventures, Create Health Ventures, Gratitude Railroad, Loud Capital and Wanxiang Healthcare Investments.
WHAT THEY DO
Carallel provides support for people caring for aging family...
HCAH acquires digital care platform Seniority
HCAH, a health tech company in the out-of-hospital care segment in India, is expanding to elderly care with its acquisition of senior-centric digital care platform Seniority by the RPG Group.
Seniority is one of the largest elderly care platforms in India with a portfolio of more than 20,000 medical and lifestyle products for seniors.
HCAH bought the...
Caregiver support platform Homethrive scored $20 million in a Series B funding round led by Human Capital.
Other participants in the fundraise include Allianz and existing investors 7wireVentures and Pitango HealthTech. The startup previously raised an $18 million Series A in 2020.
WHAT IT DOES
Homethrive offers support, resources and care navigation to people who are caring for older family...
.jpeg?itok=HF3iI7dj "Person answering their front door and getting a delivery from another person")
