LONDON (Reuters) – teton.ai, a company that uses proprietary AI and computer vision technology to provide predictive care to seniors, has raised $20 million in a funding round that leads multiple investment funds based in Estonia and London.
Other participants in the round include Bertelsmann Investments, Antler Elevate and Nebular, as well as subsequent investments from PSV Tech, the company said Tuesday.
Headquartered in Copenhagen, Teton.ai produces “digital twins” in nursing homes, providing data that monitors and understands what’s going on in residents, staff and spaces, and improves results.
It said it would use the funds to launch nationwide in the US, deepen its operations across Europe and continue to drive it through the boundaries of predictive AI.
(Reporting by Paul Sandleediting by Tomasz Janowski)
