Nectarine Health
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
SEK12.0m | Early VC | ||
* | €5.1m | Series A | |
SEK46.1m | Series A | ||
* | N/A | Acquisition | |
Total Funding | AUD19.5m |
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Recent News about Nectarine Health
EditNectarine Health specializes in providing advanced remote care solutions for seniors, enabling them to live independently and securely in their own homes. The company operates in the elder care market, targeting both individual consumers and professional caregivers. Its core product, the Nectarine at Home care system, features a state-of-the-art wearable wristband that streams real-time sensor data to an IoT cloud platform. This data is analyzed using deep learning models to detect falls and monitor changes in activity and sleep levels. Caregivers receive real-time alerts and well-being insights through a mobile app or data portal, ensuring timely intervention without compromising the user's privacy or dignity. Nectarine Health generates revenue through the sale of its wearable devices and subscription fees for its cloud-based monitoring services. The company was acquired by Brighter AB in February 2020, which has accelerated its growth and market reach.
Keywords: elder care, wearable technology, fall detection, IoT, deep learning, real-time monitoring, senior independence, caregiver alerts, health insights, remote care.