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Hello Robot raises nearly $3M in grant funding from the National Institute on Aging to advance commercialization of its Stretch mobile manipulator robot for in-home elderly care.
Amount Raised
$3 Million
Round Type
Grant
CaliforniaSoftwareMobileArtificial IntelligenceRoboticsInvestors
Description
Hello Robot, a Martinez, CA-based provider of mobile manipulator robots, raised nearly $3M in grant funding from the National Institute on Aging (part of the National Institutes of Health) through a Phase IIB Small Business Innovation Research grant. The company will use the funds to advance the commercialization of its Stretch mobile manipulator robot for in-home use with older adults with mild cognitive impairment and early Alzheimer's dementia, as well as for use in care settings. Led by CEO Dr. Aaron Edsinger, Hello Robot develops practical, safe, and accessible robots designed to operate in homes, workplaces, and care settings
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Hello Robot raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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