Nobi, an Antwerpen, Belgium-based AgeTech company, raised €35M in Series B funding.
The round was co-led by Angelini Ventures and Nexus NeuroTech Ventures, with participation from 15th Rock, and existing investors EQT Health Economics and EQT Dementia Fund, PMV, and Nobi’s founders Roeland Pelgrims and Bert De Haes as well as Balz Halter.
The company intends to use the funds to strengthen its market leadership position in UK and US and enhance the platform with new features to improve care home workflows.
Founded in 2018 by Roeland Pelgrims, Nobi provides the AI Smart light, which is designed to address the challenges of an ageing population, specifically focusing on fall detection and prevention in elderly individuals. Nobi’s light offers a solution to enable seniors to stay at home longer and support them in professional care environments. The lights work in real-time, processing data locally to ensure better privacy and reliability. The AI model was trained for six years by the world’s best AI experts on more than 250,000 real-life situations. Currently employing 50 full-time equivalents (FTEs), it plans to expand its team to 80 FTEs by the end of 2025.
With offices in Belgium, the US, and the UK, Nobi’s solutions are available in over 22 countries.
FinSMEs
28/01/2025