Horizons Ventures focuses on investing in disruptive and technology-focused start-ups. The firm was founded in 1999 and is based in Hong Kong. Some of the latest exits are Skype, Siri, Facebook, Summly, and Waze.

Horizons Ventures

Root Ventures is a seed-stage venture capital firm that invests in technical teams working on deep tech. The firm specializes in the fields of financial services, venture capital, and investments. It was founded in 2013 and headquartered in San Francisco, California.

Root Ventures

Silicon Valley-based SRI International is one of the world's leading independent research and technology development organizations. Its mission: World-changing solutions to make people safer, healthier, and more productive.   Founded by Stanford University as Stanford Research Institute in 1946, SRI became independent in 1970. Perhaps best known for its invention of the computer mouse, interactive computing, and Siri, SRI is responsible for major advances in computing, chemistry and materials, education, energy, health and pharmaceuticals, national defense, robotics, sensing, and more.   The nonprofit institute performs sponsored research and development for government agencies, businesses, and foundations. SRI brings its innovations to the marketplace through technology licensing, new products, and spin-off ventures. In 2014, SRI's consolidated revenues were approximately $540 million.

SRI International

Global Brain Corporation is a venture capital firm that invests in companies from seed or early to pre-IPO startups.  Global Brain has invested in 300+ startups from seed/early to pre-IPO startups and achieved 25 IPOs and 61 M&As as a result of providing hands-on support services and resources to its portfolio startups. Global Brain has managed a pure investment fund as well as multiple corporate venture capital funds partnered together with tier 1 public companies of telecom, real estate development, financial service, beverages, agriculture food, logistics, and electronic devices.

Global Brain Corporation

Sinovation Ventures is a full-service venture capital firm that actively invests in the Chinese technology market.

Sinovation Ventures

The world's first investment firm aimed at actively creating companies of consequence out of emerging robotics breakthroughs. Their team, headquartered in Pittsburgh but reaching nationally, is positioned to use unique resources to develop the kind of organizations that will one day redefine the way we live and work. Their investment approach is designed to rapidly identify the most viable ideas and strategies, concentrate resources around them, and get these ideas quickly to their growth phase. They work to provide a level of active support much closer to that of cofounder than a typical venture investor.

The Robotics Hub

Seismic

Seismic produces and develops custom garments with built-in flexible electric motors that help the wearer with everyday tasks. Seismic has hired a team of leaders in textiles, industrial design, robotics, biomechanics, and data science to develop the new category of Powered Clothing: lightweight, connected apparel, comfortably worn under any outfit, with integrated electric “muscles” that add intelligent wearable strength and natural mobility to muscles and joints, enabling everyone — from seniors to athletes, to people with a wide range of physical disabilities — to achieve their full physical potential. Seismic technology was originally developed at SRI International for a DARPA-funded program to reduce injury risk and enhance soldier endurance. Recognizing its profound application beyond the military, Seismic spun out of SRI to explore the technology for a wide range of consumer applications, starting with the aging market because of the size of the opportunity and the need this population faces.

<div><p>Seismic (known as Superflex up until August 2018) is a spin-off of research and development company SRI International. The company develops apparel fused with robotics to assist users with daily tasks by improving their independent mobility. The company primarily focuses on supporting the elderly, however, its technology could be used in sports and recreational markets as well. </p></div>

A concentration of wealth and a willingness to adopt age-in-place technologies present new opportunities.

Age Tech

<div><p>Seismic produces and develops custom garments with built-in flexible electric motors that help the wearer with everyday tasks. Seismic has hired a team of leaders in textiles, industrial design, robotics, biomechanics, and data science to develop the new category of Powered Clothing: lightweight, connected apparel, comfortably worn under any outfit, with integrated electric &ldquo;muscles&rdquo; that add intelligent wearable strength and natural mobility to muscles and joints, enabling everyone &mdash; from seniors to athletes, to people with a wide range of physical disabilities &mdash; to achieve their full physical potential. Seismic technology was originally developed at SRI International for a DARPA-funded program to reduce injury risk and enhance soldier endurance. Recognizing its profound application beyond the military, Seismic spun out of SRI to explore the technology for a wide range of consumer applications, starting with the aging market because of the size of the opportunity and the need this population faces.</p></div>

From counting steps to saving lives and beyond

Wearable Tech

<div>
  <p>
    Seismic (known as Superflex up until August 2018) is a spin-off of research and development company SRI International. The company develops apparel fused with robotics to assist users with daily tasks by improving their independent mobility. The company primarily focuses on supporting the elderly, however, its technology could be used in sports and recreational markets as well. 
  </p>
  <p>
    The garments work with flexible electric motors, which helps the wearer with simple tasks such as standing up, walking around, and carrying groceries and laundry, by enhancing core strength in the torso, hips, and legs. Moreover, the clothes function as intelligent powered clothing, as they can detect actions automatically, such as standing up, and provide the necessary power automatically. 
  </p>
  <p>
    The company launched its first collection of powered clothing in September 2018, about a year after it was founded. In January 2019, it entered into four strategic partnerships with companies across the occupational safety, wellness and lifestyle, and healthcare industries, signaling Seismic’s intent to expand across multiple applications in several  industries.
  </p>
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</div>


<div>
  <p>
    Honor provides a platform for elderly persons and their families to find home care providers, and is one of the largest on-demand home care companies in the US. The company employs machine learning algorithms to its platform to optimize caregiving services.The company also partners with multiple independent homecare agencies and had over 40 home care agencies partnered as of October 2020.  Its services were offered across six states (California, Texas, New Mexico, Arizona, Ohio, and Michigan) as of October 2020.
  </p>
  <p>
    Honor generates a share of the revenue from the agencies by taking over a share of the agencies’ billing, hiring, training, and scheduling functions. Through these partnerships, Honor is able to expand the reach of its professional caregiver market, and scale its business. Honor raised USD 140 million in Series D funding led by Baillie Gifford in October 2020, and it intends to use the funds to expand into new markets and further invest in its care delivery platform. 
  </p>
  <p>
    In August 2021, Honor announced the acquisition of Home Instead, one of the largest home care providers in the US, at an undisclosed value. Following the deal, Home Instead is expected to operate as a subsidiary of Honor under the company’s original brand name led by its CEO Jeff Huber. 
  </p>
  <p>
    Home Instead provides a wide range of home care services to the elderly which includes companionship-based care, specific care solutions for dementia and Alzheimer’s, and live-in care. The company also provides home monitoring solutions including sensors, tablets, safety alarms and health apps. It partners with the Organisation for the Review of Care and Health Applications (ORCHA) to provide quality assured apps for psychological wellbeing, physical activity, and mental stimulation. 
  </p>
  <p>
    As of August 2021, it has around 90,000 caregivers serving at 1,200 locations across the US and global markets. Home Instead acquired UK-based online platform SuperCarers in June 2020. It connects professional caregivers to elderly people seeking at-home care.  Prior to the acquisition, SuperCarers had raised a total of GBP 4.9 million (USD 6.6 million).
  </p>
  <p>
    The merged entity is expected to combine for over USD 2.1 billion home care services revenue. In combining Home Instead’s global reach with Honor’s technology platform, the companies intend to improve the efficiency of home care services and enhance the professional development of caregivers by providing them with better career opportunities.
  </p>
  <p>
    In October 2021, the company raised USD 70 million in Series E funding and USD 300 million in debt financing. The equity funding round was led by Baillie Gifford, valuing Honor at USD 1.25 billion, while the debt financing was led by Perceptive Advisors. The company intended to use the funds for team expansion (tripling its engineering and product team) and expanding the operations and technology of the Home Instead network. Prior to this funding round, Honor raised USD 140 million in Series D funding led by Baillie Gifford in October 2020.
  </p>
  <p>
  </p>
  <p>
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</div>


Honor

<div>
  <p>
    Eargo specialises in developing hearing aid and related services. Eargo has four products in its lineup: namely, Eargo Max, Eargo Neo HiFi, Eargo 5 and Eargo 6. The company&rsquo;s products are unique due to its design meant to keep the device invisible when plugged in.&nbsp;&nbsp;
  </p>
  <p>
    The products are priced between USD 1,850 (Eargo Max) and USD 2,950 (Eargo 6) and as per the company, are around half of the price of the hearing aids&nbsp; provided via traditional channels in the US. The Eargo Neo range comes alongside an app and offers connected smart features such as audio personalization and control. The app allows the user to control the audio to suit their surroundings, customize settings, and contact Eargo's licensed hearing professionals for consultation and support.
  </p>
  <p>
    The company utilizes a business-to-consumer (D2C) online retail strategy compared to traditional business-to-business (B2B) model deployed by other manufacturers who sell their products through clinics. The strategy has proven beneficial through the Covid-19 pandemic as consumer footfall for brick-and-mortar clinics have declined.&nbsp;&nbsp;
  </p>
  <p>
  </p>
  <p>
    <b>Funding and financials</b>
  </p>
  <p>
    The company last raised funds in November 2022 when Patient Square Capital became the majority owner of Eargo through a conversion of its convertible notes. The gross proceeds from the transaction raised USD 32.5 million for Eargo, including an investment of USD 5.5 million by Patient Square Capital and an expense of USD 2.5 million in transaction-related expenses. The raised funds were set aside for working capital purposes and to fund Eargo's omni-channel growth strategy. 
  </p>
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Eargo

<div>
  <p>
    K4Connect provides technology solutions to residents and staff members in senior living communities through its K4Community platform. The company was co-founded by Scott Moody who sold his fingerprint sensor technology company AuthenTec to Apple for USD 356 million in 2012, which then became the basis for Touch ID.
  </p>
  <p>
    The platform's offerings include digital voice and video communication, and&nbsp; community updates for residents. It also provides smart home automation through the provisioning of plug and play Alexa devices for residents and supports smart thermostats, smart lights, motion sensors, and sleep tracking devices. In addition, community staff members have access to tools for resident surveys, resident and family management, and communications. During the Covid-19 pandemic, the platform also established an expanded video chat service to facilitate resident-to-resident communication, staff requests, yoga classes, and dining room bookings. Further, in March 2020,&nbsp; it partnered with software communications firm Bandwidth to introduce a hotline for staff and residents as a means of keeping all parties up to date with community information.
  </p>
  <p>
    The platform is built on the company&rsquo;s patented operating system, FusionOS. The company claims that FusionOS is an advanced multi-modal edge-cloud architecture, the first of its kind in the senior living industry. Residents and staff can access the platform using a smartphone app or pre-provisioned tables in the living communities priced on a per-resident basis.
  </p>
  <p>
    As of July 2020, the platform served over 800 independent and assisted living senior living communities across the US. The platform serves over 29,000 users at more than 125 senior living communities across 27 customers as of February 2020, more than doubling its users from 2018, which it expects to repeat in 2020. The company has established channel partnerships with Allbridge (a data, video and voice solution provider for senior living) in July 2020, and Eskaton (a senior services provider) and White Horse Village (a continuing care retirement community) in May 2019. It collaborated with GlobalLogic (a digital product engineering company) in July 2020 to expedite the development schedule of&nbsp; its K4Community Plus app in response to Covid-19.&nbsp;
  </p>
  <p>
  </p>
  <p>
    <b>Funding and financials</b>
  </p>
  <p>
    In July 2023, the company raised 
    USD 8.9 million in a funding round co-led by Bryce Catalyst and AXA Venture Partners, with participation from other venture capital firms. The funds raised were set aside to drive adoption of its platform in senior living communities. Additionally, the company also planned to invest in its patented operating system offering and community engagement suite.  After the funding round, Mike Weller joined the company as COO. 
  </p>
</div>


K4Connect

<div>
  <p>
    CarePredict was founded by Former IBM consultant and tech veteran, Satish Movva, and produces Tempo smart wearables for the elderly community. Using machine learning (ML), the company claims the app can reduce the chance of a fall, and predict urinary tract infections (UTIs) and depression ahead of a clinical diagnosis. The device aims to assist caregivers in taking preventive action by detecting activities and behaviors which are precursors to health declines. The data from the device can also be shared with family members.&nbsp;&nbsp;
  </p>
  <p>
    The company generates revenue from device sales and subscriptions. Independent research conducted in September 2020 indicated that facilities using CarePredict&rsquo;s wearables reported 40% fewer hospitalizations 69%, lower fall rates, 67% increased length of stay, and a 37% improved staff response rate than facilities that did not use CarePredict.&nbsp;
  </p>
  <p>
    The company expanded its operations in 2018 through its acquisition of WiseWare, a company selling activity-tracking jewelry for older users. In April 2020, it launched the PinPoint contact-tracing tools to mitigate the spread of Covid-19.&nbsp;
  </p>
  <p>
    <b>Key customers and partnerships</b>
  </p>
  <p>
    In February 2021, the company &nbsp;announced its partnership with Middle Alabama Area Agency on Aging (M4A). M4A is the agency behind the &ldquo;Providing Alzheimer's N' Dementia Assistance&rdquo; (PANDA) project. The company will be the first tech platform to be part of the project and will provide caregivers assistance in remote monitoring and preventive care using its smart wearables. 
  </p>
  <p>
    <b>Funding and financials</b>
  </p>
  <p>
    In July 2023, CarePredict raised USD 29 million in a Series A-3 funding round co-led by Aspire Healthtech Partners and SV Health Investors' Medtech Convergence Fund. The funds were set aside to be used to expand the company&rsquo;s operations and market presence.
  </p>
</div>


CarePredict

<div>
  <p>
    Eversound develops wireless headphone systems to enhance the level of engagement and social interaction for the elderly living in assisted living or memory care centres. The platform provides a library of programmed content on a variety of topics. The headphone system can be used to communicate with caregivers, during group events, family visits, and for music therapy. The headphones are equipped with a wireless transmitter and volume controls. It connects to external audio sources such as community A/V systems, televisions, and audio devices.&nbsp;
  </p>
  <p>
    The product was unveiled in May 2016. In a subsequent six month study conducted by LCB Senior Living community, group events leveraging the Eversound system resulted in an 18% reduction of residents falling asleep and a 28% increase in engagement during group events. In December 2016, the company expanded to 18 states across the US.
  </p>
  <p>
    In March 2020, as a part of its Covid-19 response, the company launched a live streamed, interactive content service to help seniors combat isolation. Further, as in-person visits at assisted living communities were interrupted due to the Covid-19 pandemic, the use of Eversound&rsquo;s visitation package proved to be crucial for socially distanced in-person visits.
  </p>
  <p>
    As of December 2020, the company&rsquo;s product is being used in more than 700 senior living communities across the US. Its clients include senior living communities such as Brightview, Commonwealth, and Oakmont. In addition, Eversound has established partnerships with senior living communities (such as The Arbor Company,&nbsp; Bridges by EPOCH, Christian Horizons, and Kisco) to roll out its devices for family visitations, and programmable and live streamed content.
  </p>
  <p>
  </p>
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Eversound

Many devices that help seniors operate independently and receive remote treatment use IoT

Offers digital platforms that support the wellness of the senior population

Some companies use VR to help treat seniors with conditions such as isolation and dementia

Tech-enabled equipment or companionship services that help elderly people function independently.

<div>
  <p>
    Seismic produces and develops custom garments with built-in flexible electric motors that help the wearer with everyday tasks. Seismic has hired a team of leaders in textiles, industrial design, robotics, biomechanics, and data science to develop the new category of Powered Clothing: lightweight, connected apparel, comfortably worn under any outfit, with integrated electric &ldquo;muscles&rdquo; that add intelligent wearable strength and natural mobility to muscles and joints, enabling everyone &mdash; from seniors to athletes, to people with a wide range of physical disabilities &mdash; to achieve their full physical potential. Seismic technology was originally developed at SRI International for a DARPA-funded program to reduce injury risk and enhance soldier endurance. Recognizing its profound application beyond the military, Seismic spun out of SRI to explore the technology for a wide range of consumer applications, starting with the aging market because of the size of the opportunity and the need this population faces.
  </p>
</div>


<div>
  <p>
    Bank-issued smart watch designed for payments. Banks buy Coyl devices in bulk &amp; issue them for free instead of plastic cards.
  </p>
</div>


CuffPay

<div>
  <p>
    Biostrap is a remote user monitoring platform that utilizes advanced science-driven Machine Learning/AI and health analytics. It is the first affordable platform of its kind and has gained popularity among enterprise customers for its comprehensive analytics capabilities. These analytics include but are not limited to measuring oxygen saturation, respiration rate, heart rate variability, sleep analysis, and arterial health. With Biostrap, users can track and monitor their health from the comfort of their own homes, making it a convenient and accessible tool for health and wellness management.
  </p>
</div>


Biostrap

<div>
  <p>
    Caeden is a startup focused on the intersection of fashion, wearable technology, and mobile applications, based in Soho, New York. Our team is developing hardware and software innovations in a $1.4 billion market that is projected to grow to $19 billion in the next 4 years. We are changing consumer expectations of wearables through new data metrics, contextualized mobile applications, and fashion &shy;focused hardware.  We believe the devices we wear today do not have to compromise between aesthetics and functionality. Caeden's approach is the creation of multiple lines of jewelry-inspired hardware that naturally fits into the everyday lives of our consumers. By seamlessly integrating the hardware and software, we will deliver a unified offering that will improve the everyday lives of our users. Built by a team of industry veterans from fashion, design, manufacturing, and electronics, Caeden's team has a proven track-record of delivering products that are compelling, beautiful and feature-rich. Leveraging our existing retail relationships we have a clear and proven sales and revenue story.
  </p>
</div>


Caeden

<div>
  <p>
    Splash Metrix is bringing to market the first fitness wearable that leverages the smartwatch to deliver real-time audio feedback and music while swimming.
  </p>
</div>


Splash Metrix

<div>
  <p>
    Founded in January 2013, Kronoz LLC is a Swiss company that manufactures, designs and develops wearable devices intended to improve their increasingly mobile, connected and digital lifestyles. Under the MyKronoz brand, they strive to expand and facilitate the mobile-user experience with stylish, intuitive and functional techcessories. With a unique approach to mobile tech, their goal is to offer a complete range of connected watches, catering to the needs and tastes of the world&rsquo;s various user types. In order to release new wearable models every quarter, MyKronoz team develops continuous innovative technologies and creative designs.
  </p>
</div>


MyKronoz

Enhances the functionality of wearables and allows users to access and interact with data through various devices and services in the broader IoT ecosystem

Leveraging technology to collect data about the user's activities, preferences, and health metrics before using this information to provide personalized experiences

Empowers wearable devices to continuously improve and adapt to user preferences, offering personalized insights and recommendations based on user data

Industrial wearables contribute to increased efficiency, safety, and productivity in industrial settings by providing real-time data and connectivity solutions for workers and equipment

Enhances the user experience by enabling language translation, contextual awareness, and personalized recommendations, making wearables more versatile and user-centric

Apparel that incorporate electronic components, sensors, and connectivity features to provide functionalities beyond traditional clothing and accessories

Seismic

Age Tech

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