HomeCare August 29, 2023

RAMAT GAN, Israel—Intuition Robotics announced that it has secured the first closing of a new funding round amounting to $25 million, $20 million in venture capital and $5 million in venture debt, and led by Woven Capital, the growth fund of Toyota, with participation from Toyota Ventures, OurCrowd, Western Technology Investment and additional investors. According to Intuition Robotics, the funding will help the company meet demand for its artificial care (AI) care companion ElliQ across government aging agencies and health care organizations. It will also allow the company to deepen integrations into the health care system and help aging populations better connect with others, and better access much-needed products and services while reducing costs.

Intuition Robotics has pioneered ElliQ, an...

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Topics: Investments, Robotics/RPA, Technology, Trends
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