February 13, 2020
Intuition Robotics, an artificial intelligence company that has built an in-home companion robot, has raised $36 million in Series B funding.
The raise was headed by SPARX Group and OurCrowd, with additional participation from Toyota AI Ventures, Sompo Holdings, iRobot, Union Tech Ventures, Happiness Capital, Samsung Next, Capital Point and Bloomberg Beta. It brings the AI company’s total...
September 2, 2019
Across the U.S. and Europe, the population is rapidly aging. In Finland this "silver tsunami" is particularly true.
Roughly 22% of the country’s population is over the age of 65, a figure only expected to grow over the next decade, according to Statistics Finland. Moreover, in about 50 years over a third of the population will be classified as a senior citizen.
In the nation’s capital, the...
June 3, 2019
Update/Correction: This story has been updated with an additional statement from GreatCall. In addition, the headline originally referred erroneously to the Lively Mobile device, which was not affected by the defect or the recall.
Best Buy subsidiary GreatCall has quietly and voluntarily recalled some portion of its recently-launched Lively MobilePlus devices, and has halted the sale of new units...
June 3, 2019
Best Buy has acquired remote senior monitoring service Critical Signal Technologies (CST) and will use its platform to bolster a push into the Medicare Advantage market, the retail electronics company shared during a May 23 investor call.
Best Buy did not outline the terms of the deal during the call, only specifying that it had closed during Q2, funded with existing cash and not expected to have...
May 22, 2019
Comcast is actively working on an in-home device for monitoring the health of seniors, people with disabilities and other at-risk individuals, according to anonymous sources cited by CNBC (whose parent company NBCUniversal is owned by Comcast). The telecommunications giant is planning pilots of the device and service before the end of the year, and could potentially aim for a 2020 commercial...
April 23, 2019
San Diego-based GreatCall, a seller of aging in place technologies purchased by Best Buy last year, is launching an updated version of its retail personal emergency response system. Called the Lively Mobile Plus, the new 4G LTE wearable can automatically contact urgent response agents when detecting a fall, or with the push of a button.
To start, changes to the device’s internal chipset and...
March 28, 2019
When it comes to the aging in place sector within digital health, there's other companies and then there's GreatCall. From its mid-2000s roots as a "smartphones for seniors" company, GreatCall has consistently seen the direction in which the market will turn and anticipated it, often by acquiring other companies like digital mPERS company Lively and remote monitoring company Healthsense. All this...
March 18, 2019
New technologies focused on communication, cognitive health and healthcare access are core to addressing the US’ ballooning senior demographic, according to a report recently published by The White House’s Task Force on Research and Development for Technology to Support Aging Adults.
These areas — along with transportation, personal mobility and independent living activities — should be among the...
January 15, 2019
As more and more baby boomers begin to hit that silver milestone of senior status, the way society looks at aging could also be on the brink of transformation. Technologies are now enabling seniors to stay involved in the community and connect with other.
“If we want to change how we age we need to think about the assets of age, it brings the ability to be resilient and adapt,” Dr. Charlotte Yeh...
January 10, 2019
This week at CES 2019, Royal Philips unveiled a new app platform that links the company’s senior care products into a single digital ecosystem for family caretakers. Called Philips Cares, the app includes a range of features to track and manage a senior’s care, such as reminders, scheduling tools and access to emergency services.
“We’ve been in the business for more than four decades now. We...