Markets

  • Six care providers receive funds to co-produce tech services with older residents

    The care and housing providers have been awarded £440,000 to involve older residents in shaping digital services. Bield Housing & Care, Haringey Council, Platform Housing Group, Pool Group, Southend Care and Wiltshire Council will each receive funds between £65,000 and £75,000. The money is provided by the TAPPI ‘technology for our ageing population: panel for [...]

  • Virtual care app raises US$20m to support licensing vertical

    Care app 98point6 announced a US$20m funding and a strategic partnership to power providers and patients with a digital system. MultiCare Health System will be the first health care system to license the 98point6 virtual care technology within its leading hybrid ambulatory care platform Indigo Health. Indigo Health is a division of MultiCare Health System, [...]

  • Second LongevityTech.fund now accepting new investors

    LongevityTech.Fund is now accepting new investors with a maximum fund size of US$100m. With this second funding, LongevityTech.fund aims to support early stage longevity startups with high growth potential. Closing in October 2022, the second fund follows a first one concluded with over 40 investments, including one exit and one IPO placing the company firmly [...]

  • AGE-Well announces winners of its 2022 emergency entrepreneur award

    The network has announced the winners who will be supported in the creation of new innovative startups. Winners of the emergency entrepreneur award are Liam Maaskant, co-developer of a walker with an elevating seat to give adults greater independence at home, and Anika Munn, co-creator of a smart monitoring system to help older adults feel [...]

  • RxLive pharmacy startup closes $5M round

    The company has closed a $5 million Series A round bringing its total funding to $8 million. The funding round was led by SpringTide, a Boston-based health tech-focused venture capital firm, with the participation of Cardinal Health, a global manufacturer and distributor of medical and laboratory products. RxLive is an award-winning UK pharmacy that offers [...]

  • AI drug discovery firm secures $35 million investment

    Insilico Medicine has completed a $35 million series D2 round bringing the funding to $95 million. The D2 round was led by Prosperity7 Ventures, a $1 billion diversified venture capital fund of Armco Ventures. The new capital will support the continued advancement of Insilico’s pipeline. Insilico Medicine is a biotechnology company based in Hong Kong. [...]

  • Age-Well launches new competition for Agetech startups

    Age-Well has just launched the National Impact Challenge 2022 which is a Canadian competition for Agetech startups. The annual competition includes top startups and supports entrepreneurship in Canada’s Agetech sector. It is open to any entrepreneur or startup with a technology-based solution that can support the health and quality of life of older adults or [...]

  • Home healthcare tech raises $30m to transform elderly care

    Birdie has announced $30 million in Series B funding for its home healthcare tech platform which aims to radically improve the lives of millions of elderly people and help them live longer at home. The latest round takes total investment to $52 million and will be used to accelerate the company’s growth in the UK [...]

  • Brain capital: A new investment approach to late life wellbeing

    Within many societies and cultures around the world, older adults are too often undervalued and under-appreciated, according to a new article on brain capital. This exacerbates many key challenges that older adults may face. It also undermines the many positive aspects of late life that are of value at both an individual and societal level. [...]