MFA Longevity Market Report
News and insights from thought leaders in the longevity economy
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Dear Friends and Colleagues,
We continue to be inspired this Older Americans Month by the outpouring of innovation, support, and momentum. It is the perfect lead-in to this year’s What's Next Longevity Venture Summit. We have assembled an incredible array of talent – including innovative companies, investors, and funders. Think of this as a Masterclass in the convergence of longevity, investment, innovation, and media and researchers who know the market. Take advantage of this opportunity to learn from the best and the brightest! Let this new event be a way to highlight your brand and quickly learn the key thought leaders and decision makers impacting the market. Continue reading the newsletter for a discount code to sign up and exhibit.
As I listened to listened to Reid Hoffman's address to the graduates at Vanderbilt this week, his comments about the important role of friendship in our lives really resonated with me. Friendship is as priceless as ever! Thanks for being our colleague and friend as we navigate the challenges of our world.
Warmly,
Mary
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Table of Contents:
- MFA Events
- Longevity Venture Summit June 6-8
- Congratulations to the Business Plan Finalists
- MFA Podcasts
- Mother’s Day Gifts with Meaning
- iN2L Acquires LifeLoop
- Funding News
- Corporate Updates
- Events and Opportunities
- Books, News, and Reports
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Join Us for the What’s Next Longevity Venture Summit on June 6-8
The What's Next Longevity Venture Summit is quickly approaching! At this virtual conference, being held from June 6-8, you will have the opportunity to learn from thought leaders, hear from innovative start-ups, discover investor priorities, and exhibit your own company.
We will open with a fireside chat with Tom Kalil, Chief Innovation Officer at Schmidt Futures and Sonia Arrison, entrepreneur, investor, and best-selling author. Keynoting day 2 will be Ken Dychtwald, PhD, recognized visionary and expert on longevity and aging. He will deliver a provocative new presentation created for business leaders seeking to understand, re-gear, and thrive in the era of unprecedented longevity. Other sessions recently added include:
- Workforce Solutions for Older Adults: Addressing Needs and Scaling Businesses;
- The Metaverse and Healthcare;
- Investment Trends in Dementia Care;
- Women Leading in Healthcare: Lessons Learned From COVID;
- Innovating Solutions to Combat Food Insecurities;
- Mobility Innovation for Today and Tomorrow; and
- She’s the Difference: Focus on Older Women.
Registrants get access to all of the What’s Next Longevity Business Academy sessions.
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Congratulations to the $10k Business Plan Finalists!
With stiff competition for this year's What's Next Longevity Summit $10k Business Plan Competition, our judges had a difficult time narrowing down the finalists. We want to extend our congratulations to the seven finalists, listed below. Join us at the What's Next Longevity Venture Summit for the announcement of the winner!
- ABBY by GOGOTECH
- Ava
- Crown Society
- Artifcts
- Neursantys
- Livindi
- Joe & Bella
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What’s Next Longevity Deal Talk
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Episode 5: iN2L Acquires LifeLoop - As iN2L announces the acquisition of LifeLoop, bringing together leaders in resident experience and engagement in senior living, Fred and Mary sit down with the CEO of iN2L, Lisa Taylor and Amy Johnson, CEO and co-founder of LifeLoop, to learn how and why did the deal came together.
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What’s Next Living Longer Better Smarter
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Episode 29: Mother’s Day Gifts with Meaning - Brain training, companion robots that purr, and robots that talk. Mary Furlong and Fred Fishkin are joined by Dor Skuler, CEO of Intuition Robotics, Ageless Innovation CEO Ted Fisher and Dr. Henry Mahncke, CEO of Posit Science, maker of BrainHQ.
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Funding News
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Magnify Ventures has launched a new $52 million fund that includes a focus on aging and longevity.
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UK-based VR training provider Moonhub raised $2.6 million in seed funding led by Pi Labs for its training suite which will start with dementia care training.
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Vytalize Health, which focuses on value-based Medicare primary care for older adults, raised $50 million in Series B funding led by Enhanced Healthcare Partners.
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Hello Heart, a digital heart health management company, raised $70 million in Series D funding led by Stripes.
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DUOS, which connects older adults and their caregivers to resources and services that meet their needs, raised $15 million in Series A funding led by Imaginary Ventures.
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Techstars has launched a new pre-accelerator for pre-seed diverse entrepreneurs.
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Senior living engagement company iN2L acquired LifeLoop as part of a larger merger and acquisition strategy.
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AARP Illuminates the Priorities and Concerns of Women Over 50
“We know from past elections that women 50-plus turn out in big numbers, making them a very powerful voting bloc…So it’s critical for our elected leaders and candidates to understand their concerns and priorities heading into November’s election.”- Nancy LeaMond, AARP’s Chief Advocacy & Engagement Officer
AARP’s “She’s the Difference” research project explores the priorities and concerns of women over 50, a critical voting bloc that may decide the balance of power in Congress this November. Conducted by the all-star bipartisan team of Celinda Lake, Christine Matthews, Margie Omero and Kristen Soltis Anderson, the polling found that women over 50 are largely undecided, are deeply concerned about the rising costs of everyday items, and want politicians to compromise to get things done. For detailed findings of the survey, visit AARP.org.
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Vivid-Pix Helps Seniors "Tell Your Story"
Rochester, NY-based Friendly Senior Living announced its installation of the Vivid-Pix Memory Station photo digitizing and restoration system. The Memory Station will help seniors reminisce and reconnect with loved ones through photography to help reduce dementia - something that is especially valued in Rochester, the home of Kodak.
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GetSetUp Empowers Older Americans for Older Americans Month
The GetSetUp team is excited to sponsor athlete, Ellen Jaffe Jones, for the National Senior Games in Florida. Plus over 20 entrepreneurs over 55 are wrapping up our first startup accelerator and preparing for their Demo Day. Two of the entrepreneurs will win up to $10,000 for their business based on their pitches during Demo Days the week of June 13th. Furthermore, our cookbook project that brings older adults together to share healthy recipes is expanding from vegan recipes to recipes with histories and stories to share as part of our 2022 GetSetUp cookbook.
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Centaur Robotics Wins Blue Badge Access Award
The self-balancing two-wheeled Centaur was a winner at the Blue Badge Access Awards, a competition that seeks to promote exceptional hospitality venues that offer thoughtful, design-led accessibility – recognizing and rewarding hotels and other venues, as well as individuals, who have achieved inclusivity for all.
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Ziegler Link-Age Releases Senior Living Analysis
A recent Ziegler poll of CFOs found that nearly half are planning to undertake a community project over the next two years, largely through campus expansion. A panel at the 24th Annual Ziegler LeadingAge National CFO Workshop provided advice for smooth construction projects. The expert panelists recommended that all projects include:
- An experienced team of in-house leaders and external partners;
- Smart contracts that build in win-win incentives and check-ins; and
- Planning for project contingencies.
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