LONDON (Reuters) -Teton.ai, a company that uses proprietary AI and computer vision technology to provide predictive care for older people, has raised $20 million in a funding round led by Estonia and
Teton.ai Secures $20 Million Funding for Elderly Healthcare AI
Funding and Expansion Plans
LONDON (Reuters) -Teton.ai, a company that uses proprietary AI and computer vision technology to provide predictive care for older people, has raised $20 million in a funding round led by Estonia and London-based investment fund Plural.
Investors Involved
Other participants in the round include Bertelsmann Investments, Antler Elevate and Nebular, with follow-on investment from PSV Tech, the company said on Tuesday.
Technology Overview
Teton.ai, which is headquartered in Copenhagen, produces a "digital twin" of operations in care homes that observes and understands what is happening among residents, staff and in the space, providing data that improves outcomes.
Future Goals
It said it would use the funds to launch nationwide in the United States, deepen its operations across Europe and continue to push the boundaries of predictive AI in care.
(Reporting by Paul SandleEditing by Tomasz Janowski)
