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Digital health moves towards suites – why not AgeTech?

Maybe it really is time for the 'virtual' AgeTech suite. As HLTH 2024 wrapped up this month, including its plethora of small-scope, standalone AgeTech offerings, look over at the world of Digital Health. A drop in funding precipitated a rethink on the part of some companies – causing them to acquire functionality rather than build it themselves – and saving time and money. Duh.  Looking at the 58 companies that made up the AgeTech exhibit hall at HLTH, they are prime candidates as well for combination into 'virtual' suites. No integration required, just marketing awareness that in the eyes of the ultimate user, family member or reseller, one offering is complementary to another.  And more to the point, that user may need all of them at one point or another, as physical wellbeing, mental capacity, and social connections -- will likely evolve over time.   

Unlimited Robotics raises $5 million Seed round to tackle healthcare worker shortage

05/27/2024

Unlimited Robotics, which aims to solve critical staffing shortages in healthcare through the deployment of autonomous robotic solutions, has closed a $5 million Seed round led by lool ventures, an early-stage Israeli venture capital firm. Additional investors include Avishai Abrahami, CEO and Co-founder of Wix, and Micha Kauffman, CEO and Co-founder of Fiverr.

Eight More Aging and Health Innovations from CES 2024

The show is over, the press dispersed, the awards won.   CES 2024 is over, with 135,000 attendees, and AI as the story of the show, and according to AARP, offering the promise of better aging and even helping to fix the caregiving crisis.  These assertions have been made before, of course. Consider 2020, right before the start of COVID-19. Or CES 2019, when Google Assistant was everywhere and today, when it appears to be ‘going down the tubes.’  In tech, nothing is forever.  CES can provide an opportunity to put a new face, new version, on products that appeared previously (see Nobi and Zibrio Advantage below.)  CES 2024 brought ten offerings of new tech for older adults into view.  And from the same show, here are 8 more:

NYSOFA's Rollout of AI Companion Robot ElliQ Shows 95% Reduction in Loneliness

08/01/2023

ALBANY, N.Y., Aug. 1, 2023 /PRNewswire/ -- The New York State Office for the Aging (NYSOFA) and Intuition Robotics today announced a continuation of their unique partnership and new data showing the efficacy in providing AI companionship to older adults in New York State, including a 95% reduction in loneliness and high levels of engagement.

AARP's AgeTech Collaborative -- mobility offerings 2023

What is the AARP AgeTech Collaborative? AARP’s AgeTech Collaborative launched in 2021 with a splash (and 50 startups) that has widened into an age wave, or a sort of Match.com for age-related companies to find others, including collaborators, sponsors, pilots, and more. Today’s collection includes 104 companies, many of whom have gone through the AgeTech Collaborative Accelerator process, including pitch competition, Accelerator program enabling entry into the AgeTech Collaborative program. The categories span Caregiving, FemTech, Health, Mobility, Savings & Planning, and Social Connections.

AAABC Brings ElliQ AI Care Companion Technology to Older Adults

05/31/2023

SUNRISE, Fla.--(BUSINESS WIRE)--The Area Agency on Aging of Broward County (AAABC) is proud to partner with Intuition Robotics to add ElliQ, an AI care companion, to the agency's lineup of comprehensive services helping Broward older adults age in place. AAABC has launched its online application to identify eligible older adults in Broward County who would benefit from the technology.

From CES 2023 (2 of 2) - Six more tech offerings that serve older adults

It’s possible to participate in CES – and not be a startup.  While startups were MANY that sought a presence in the older adult technology marketplace, now known as AgeTech, many firms were there who had been at CES before. They went back because of the business benefits of being at the show, post-pandemic, with a chance to interact with some of the 115,000 attendees.  Observers can also watch the whole thing after the fact, like many from around the world will do. Here are six prior attendees in the older adult, wellbeing category that serves older adults. All information is from press releases or the company websites.

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