MFA Longevity Market Report
News and insights from thought leaders in the longevity economy
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Dear friends and colleagues,
We're off to a fast start for the year, our 20th year in business! What started as a small consulting practice with a handful of clients and one major event per year has blossomed into a successful practice with steady clientele, two major events (What’s Next Longevity Venture Summit and What’s Next Longevity Innovation Summit), multiple partner events, and two podcasts (Living Longer Better Smarter and Longevity Deal Talk) with funding from AARP, AgeTech Collaborative, Ageless Innovation, Posit Science, CABHI, Discover.live, TCARE, GetSetUp, Vivid-Pix, and others.
We are in the process of planning the 20th annual What’s Next Longevity Venture Summit in June. Mark your calendars for June 7-8 and be on the lookout for more information.
Our podcast co-host, Fred Fishkin, and I appreciated the opportunity to showcase the life of Lloyd Morrisett and the contribution he made to the field of technology and aging more than 30 years ago. Jeff Zimman of Posit Science and Charlie Firestone also shared insights about the wonderful mentorship and leadership that Lloyd provided. Many knew of his amazing work co-founding Sesame Street, but it was also fitting to showcase his pioneering role as a social impact leader with the Markle Foundation.
It’s exciting to see the growth of longevity book clubs at Aging 2.0 centers and also at the Stanford Center on Longevity. We recommend The Aftermath: The Last Days of the Baby Boom and the Future of Power in America by Philip Bump.
I hope you enjoy this throwback photo of me and my son Michael in the early years of my career. It’s fun to look back on these moments and reflect on how far we’ve come.
Warmly,
Mary
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Table of Contents:
- MFA Podcasts
- Lloyd Morrisett: His Avenues Beyond Sesame Street
- Your Heart, Your Hearing, & Your Health
- MFA Events
- Funding News
- Events and Opportunities
- Corporate Updates
- Books, News, and Reports
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What's Next Longevity Deal Talk |
Episode 16: Lloyd Morrisett: His Avenues Beyond Sesame Street – Lloyd Morrisett was the co-creator of Sesame Street. And when he passed away in January, the tributes came from far and wide. But the roles he played in bringing ideas, people, and money together for social good (including for the benefit of older adults) are less well known. Joining Mary and Fred for a look at Lloyd’s legacy are President of the Rose Bowl Institute, Charlie Firestone, and Posit Science co-founder Jeff Zimman. Plus hear about some of the latest deals!
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What's Next Living Longer Better Smarter |
Episode 44: Your Heart, Your Hearing & Your Health – A gene that could turn back your heart’s age by a decade? That’s what researchers at the University of Bristol, led by Professor Paolo Madeddu, have found. He joins Mary and Fred along with The Great Age Reboot author, Dr. Michael Roizen, to explore. Plus, learn about what over the counter hearing aids can mean for you and your loved ones with leaders from Nuheara and Lucid Hearing.
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Save the date for the 20th annual What's Next Longevity Venture Summit, June 7-8. The theme of the event will be Closing the Gap: Investment and Innovation in the Longevity Market. We are currently accepting submissions for the $10K Business Plan Competition. Click here to learn more.
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Funding News
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Caregiver training platform CareAcademy acquired NextStep, a certified nursing assistant training and placement platform.
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Mighty Health, which offers comprehensive health programs for older adults, raised $7.6 million in financing led by Will Ventures and GFT Ventures.
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Xander, which makes glasses with automated closed captioning for those with hearing loss, raised $1.4 million in pre-seed funding led by Ray Stata.
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India-based provider of senior services, Athulya, raised $9.3 million in funding led by North Haven India Infrastructure Partners.
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Brain-computer interface company Precision Neuroscience Corporation raised $41 million in Series B funding led by Forepont Capital Partners.
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Events and Opportunities
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Canadian start-ups can apply by March 1 to CABHI’s Mentorship, Capital, Continuation Program for up to $400,000 in funding.
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CABHI will hold its 2023 summit, Daring to Disrupt: Reimagining the Aging Experience, virtually on March 22, 2023 in partnership with MFA. The summit brings together innovators, investors, older adults, caregivers, healthcare providers, buyers, thought leaders, and companies from around the world to accelerate innovation in aging and brain health – all focused on improving the quality of life as we age. Sign up as an attendee or an exhibitor. Apply the coupon code FRIENDSOFMARY to receive a complimentary virtual booth!
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Explore National Institute on Aging (NIA) funding opportunities that may be a fit for your business.
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She's the Difference
The 2022 Midterms proved that older voters, particularly older women voters, remain a critical voting group and one to watch as we head toward the 2024 campaign cycle. For insights into how this important segment of the electorate is feeling and what they care about coming out of the 2022 elections, read latest blog from Nancy LeaMond, AARP’s Chief Advocacy & Engagement Officer, which features findings from AARP’s “She’s the Difference” research project.
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GetSetUp Appoints Veteran Start-Up Leader Maria Thomas as Chief Strategy and Operations Director
Maria will be responsible for GetSetUp’s long-term business strategy and for managing its content development, marketing, and day-to-day operations. She brings over 25 years of product, marketing, e-commerce, and digital media experience, including leadership roles at Amazon, NPR, and Etsy. GetSetUp continues to expand its learning and discovery platform for older adults to engage with peers with timely and fun interactive classes like Fight High Inflation and Save Money Now, Mini-trampoline Rebounding for Beginners, and How To Create A Strong & Unique Password that is Easy to Remember.
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Technology Spending in Senior Living
The latest Ziegler CFO Hotline survey looked at technology spending among senior living providers. The results find a return to the priorities of the years before the pandemic, with the top three areas being: ICT infrastructure (high-speed internet connectivity, wired/wireless); electronic medical/health record systems; and electronic point of care/point of service documentation systems.
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Ageless Innovation Becomes Hasbro Licensee
Hasbro announced that Ageless Innovation will become its first-ever licensee focused on older adults. Ageless Innovation will reimagine iconic Hasbro games to allow for all generations to experience the joy and fun of play. Learn more.
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OdessaConnect Partners with Blout Senior Care to Deliver Primary Care
OdessaConnect, a leading provider of TV-based telehealth solutions, has announced a new partnership with Blount Senior Care Partners (BSCP) located in Maryville, Tennessee. The collaboration will leverage OdessaConnect’s virtual care platform and BSCP’s clinical expertise to bring specialized geriatric care, home-based primary care, and other support services to seniors in Blount County and surrounding areas. Learn more.
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