Independent venture capital firm '15th Rock' has invested in Belgian AgeTech startup Nobi, known for its AI-powered smart lamps improving elderly safety, and will support its entry into the Japanese market.

Information on the Target

Nobi is a Belgian AgeTech startup that specializes in the development of advanced smart lamps integrated with sensors and artificial intelligence. The company has pioneered innovative technology aimed at detecting, preventing, and predicting falls among the elderly. Its smart lamp system has demonstrated outstanding effectiveness, achieving a 100% fall detection rate in a pilot conducted at care facilities in the UK where the number of falls decreased by 84% in 2023. Following these promising results, Nobi secured orders for an additional 500 units and commenced partnerships with leading care facility operators in the United States across 56 locations.

Industry Overview in Belgium

Belgium's AgeTech sector is burgeoning, fueled by an increasingly aging population that necessitates innovative solutions to enhance the quality of life for seniors. As the demand for supportive living environments grows, companies like Nobi are stepping up to address safety concerns and promote independence among the elderly. The rise of digital healthcare solutions, combined with governmental support for technology adoption in healthcare, positions the AgeTech industry for significant expansion.

The integration of AI and IoT (Internet of Things) into healthcare is transforming elderly care. Smart technologies are becoming essential components in preventing accidents and providing remote health monitoring. Belgium,