MFA Longevity Market Report
News and insights from thought leaders in the longevity economy
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Dear Friends and Colleagues,
I am writing this note while looking at the beautiful waves on Carmel Beach. It’s so nice to hear the ocean and watch the fog as it comes in and out each day - a summer respite! Carmel is a very creative community with musicians, artists and writers. It is no wonder TED was launched here and the Monterey Jazz Festival finds such a home. The latest Carmel Magazine features Betty White on the cover and stories of John Madden and Michael Nesmith - all living legends that found their creative spirits rejuvenated near the ocean. No matter what activity or environment brings you joy, I hope you are able to take time to slow down and nurture your spirit.
We had an amazing Longevity Venture Summit and could not be more excited by the breadth and depth of the sessions - all of which are available on-demand until August 31. It is truly a master class in the longevity market. The sessions on hunger, labor, investments and work trends, as well as all the keynotes, are so important to strategy. We are also thrilled by the participants in our $10K Business Plan Competition. Congratulations to winner Neursantys and all others who are innovating and doing great work.
And we’re very excited about the Caremerge/VoiceFriend deal and send our congratulations to Nancy Koenig and Ryan Galea. The new combined company will be called Icon. We’ll be doing a Longevity Deal Talk podcast about that this week. I hope you will get a chance to see it.
Warmly,
Mary
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Table of Contents:
- MFA Events
- What's Next Longevity Venture Summit a Success
- Save the Date: What's Next Longevity Innovation Summit Dec 7-8
- MFA Podcasts
- A Winning Business Plan from Neursantys
- Targeting Cancer with Tech and Talent
- Things That Move You
- Funding News
- Corporate Updates
- Events and Opportunities
- Books, News, and Reports
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What’s Next Longevity Venture Summit is a Success
The What’s Next Longevity Venture Summit concluded on June 8. We were very pleased with the content, presenters and attendees. The information is still up on our site, and we are offering our clients access. It’s a great opportunity for companies who are onboarding new talent and would like them to get a sense of the longevity ecosystem, investors and successful partnerships.
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Save the Date: What's Next Longevity Innovation Summit on December 7-8
Mark your calendar! The What’s Next Longevity Innovation Summit will be held on December 7-8, 2022. Held in Washington, DC and online, the Summit is a great opportunity to hear from thought leaders about how to navigate the policy and regulatory environment.
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What’s Next Longevity Deal Talk |
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Episode 6: A Winning Business Plan from Neursantys - Using technology to restore balance won Neursantys and founder, Dr. John Ralston, the top prize in this year’s Longevity Venture Summit Business Plan Competition. Learn more as Dr. Ralston and CABHI Director of Business Development Mel Barsky join Mary Furlong and Fred Fishkin on episode 6 of What’s Next Longevity Deal Talk.
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What’s Next Living Longer Better Smarter
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Episode 30: Targeting Cancer With Tech and Talent - TheOncDoc Dr. Sanjay Juneja, XCures CEO Mika Newton and StandUpToCancer co-founder Rusty Robertson join Mary Furlong and Fred Fishkin. These innovators are bringing new technology and cooperation to cancer treatment to extend and save lives.
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Episode 31: Things That Move You - In the latest episode, Mary Furlong and Fred Fishkin are joined by photographer Rick Sammon, who travels the world and shares his knowledge with all through books and more, and futurist Chunka Mui, whose latest book is A Brief History of a Perfect Future. They’ll move you in many ways as they focus on inventing the world we can proudly leave our kids by 2050.
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Funding News
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VoiceFriend announced the acquisition of Caremerge to create a new company named Icon, which will focus on communication in senior living communities.
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Portfolia, a leading investor in both aging and longevity, announced that the Active Aging & Longevity Fund II is coming soon! Join the waitlist to receive priority access to invest in this trailblazing fund which revolutionizes the aging experience for millions of people.
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Germany-based Patronus raised $7 million in seed funding to expand its software that turns a smart watch into a companion for older adults.
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Real estate investing firm Lloyd Jones acquired Connecticut senior living community Hamilton Heights, changing the name to AVIVA West Hartford.
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Homethrive, which helps family caregivers identify and find the services their loved ones need, raised $20 million in Series B funding led by Human Capital.
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Home care training platform CareAcademy raised $20 million led by Goldman Sachs Asset Management.
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Finland-based home care tech platform Helppy raised €3 million led by Alliance Venture.
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Okta for Good announced the launch of a new Nonprofit Cybersecurity Portfolio along with over $1 million in grants to support better security.
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AARP Highlights the Importance of
High-Speed Internet
The pandemic has proven that access to high-speed internet connectivity is absolutely critical in today’s world. From staying in touch with loved ones, accessing telehealth appointments, working remotely, and more, access to high-speed internet is more important than ever. Yet, according to Nancy LeaMond, AARP’s Chief Advocacy and Engagement Officer, “this indispensable feature of modern life remains out of reach for millions of Americans who are on the wrong side of a harmful digital divide.” Hear from Nancy in her new blog on the importance of high-speed internet and how AARP is working hard to close the digital divide.
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Joe & Bella Releases New Versions of Its Innovative Pants
Joe & Bella has released two new versions of CareZips®, a patented, award-winning adaptive pant for adults who are experiencing changes with mobility, motor, or cognition. This exciting release comes on the heels of two key recognitions - the company was recognized as the best apparel startup of 2022 by the What’s Next Longevity Summit and was named as the best caregiving product of 2022 by Caregiver.com.
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Senseer Awarded $1 Million NSF Grant
Senseer is pleased to announce it has been awarded a Small Business Innovation Research (SBIR) grant for $1 million from the National Science Foundation (NSF) to accelerate development of its multi-sensor system (MultiSense) to wirelessly monitor the status of hydrocephalus shunt systems. These same microsensors are also intended to enable the development of smart implantables to address the huge need for real-time data on chronic conditions such as cardiovascular and renal diseases.
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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
Ziegler Link-Age continues to drive senior living forward with its research and partnerships. The Vision 2025 collaborative is focused on creating impactful pathways for smarter, more successful senior care and senior living administration and will be holding its in-person symposium at Ziegler’s offices in Chicago this month. And Ziegler’s research continues to provide insights and identify opportunities within the senior living community. In a recent survey of senior living CEOs, Ziegler found that most providers spend less than 3% on marketing and 75% pay their marketing staff a commission.
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Posit Science and YMCA of SF Awarded $465k NIA Grant
Posit Science, maker of the BrainHQ brain health app, has been awarded a $465,000 NIA grant to work with the YMCA of San Francisco to build a model for community-based dementia prevention. The Brain Health Program is being developed by Posit Science and the YMCA in collaboration with brain health experts at the University of California, San Francisco.
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Recuro Health Recognized for its Innovation
Recuro Health is proud to announce that it was awarded the World Economic Forum Tech Pioneer Award for its work on improving health and longevity through virtual primary care. Additionally, Recuro Health CEO Michael Gorton was awarded the EY Regional Entrepreneur of the Year Award due to “the innovation and growth of Recuro coupled with his entrepreneurial spirit, purpose, and impact, among other core contributions and attributes.”
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Botco.ai Celebrates National Minority Mental Health Awareness Month
July is National Minority Mental Health Awareness Month, and Botco.ai, the leading HIPAA-compliant conversational marketing solution, is doing its part to advance the conversation. Along with influential mental health experts and advocates, Botco.ai is hosting a Customer Symposium on July 8th, 2022 to raise awareness and discuss the findings of their latest data-driven report about the role of conversational automation in minorities' access to mental health services. Check www.Botco.ai later in July to sign up for the complete report.
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