Healthy aging
Fifteen projects, including eight digital health initiatives, received $3 million in cash, Google Cloud credits and technical assistance.
The Apple Watch Series 9 allows users to log and access healthcare data, and to control the Watch by double-tapping their index finger and thumb.
Finalization of the deal is contingent upon approvals by state and regulatory authorities.
Medication management platform PatchRx and brain health company Neurpowyzer also garnered investment.
The company will use the funds to meet the growing demand for ElliQ, its conversational AI-powered robot that acts as a companion to seniors.
Investigations sponsored by the ISS National Laboratory will be performed, including tissue chip investigations to study liver regeneration and the immune aging process.
Peloton for Business includes access to the company's commercial bike, an employee benefit program, exclusive programming and offers for partner organizations.
The company's revenue increased in Q2 of this year to $13.1 million compared to $10.7 million in the first quarter – still below the $18.3 million reported in Q2 2022.
The company will use the funds to grow its offerings, including its teletherapy platform, and expand its reach nationally.
The Tennessee-based company has regained compliance with the bid price requirement to remain listed on the NASDAQ.