MobiHealth News August 30, 2023
The company will use the funds to meet the growing demand for ElliQ, its conversational AI-powered robot that acts as a companion to seniors.
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 Investment and other investors.
Nicole LeBlanc, a partner at Woven Capital, will join Intuition’s board of directors.
WHAT THEY DO
The Israeli-based company created ElliQ, an AI-powered companion for older adults suffering from loneliness. The device utilizes...
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