Angelini Ventures co-leads €35 million oversubscribed Series B financing in Nobi, an AgeTech company, to expand AI-enabled technology across senior care facilities globally
Summary
By transforming fall detection through AI-powered sensors, Nobi addresses critical challenges in caring for ageing and vulnerable populations, virtually eliminating long-lie periods that can increase mortality risk.Rome, Italy, 28 January 2025 Angelini Ventures, the corporate venture firm of Angelini Industries focused on investing in companies developing innovative solutions in BioTech and Digital Health, today announces that it has co-led an oversubscribed 35 million Series B financing round in Nobi, an AgeTech company tackling global ageing challenges.Nobi was founded in 2018 by Roeland Pelgrims, with the mission to empower people to age with dignity, safety and happiness. Falls in care homes represent the biggest cause of hospitalization for elderly residents.The financing round was co-led by Angelini Ventures and Nexus NeuroTech Ventures, in the round also participated 15th Rock, and existing investors EQT Health Economics and EQT Dementia Fund, PMV, and Nobis founders Roeland Pelgrims and Bert De Haes as well as Balz Halter.The proceeds of the Series B financing will enable Nobi to strengthen its market leadership position in UK and US and enhance the platform with new features to improve care home workflows.Angelini Ventures selected Nobi as part of its investment strategy to support and advance the most promising healthcare technology companies, from wearable devices to AI-enabled products and solutions, that are transforming industry standards.As the global population ages at an unprecedented rate around the world, healthcare systems are facing increasing pressure to adapt to the needs of older generations creating urgent demand for innovative solutions.Nobis AI Smart light is designed to address the challenges of an ageing population, specifically focusing on fall detection and prevention in elderly individuals. Rapid intervention after a fall is critical, as long-lie periodswhen individuals remain on the floor for over an hoursignificantly increase the risk of complications or death. Angelini Ventures will invest 300 million across a global portfolio in Europe and North America, drawing on a global team, strategic advisors and partners to help entrepreneurs scale their businesses into transformative category-leading companies.To date, Angelini Ventures has invested around 100 million into 18 companies covering a range of therapeutic areas and modalities, including Neumirna, Cour Pharmaceuticals, Noctrix Health, Nouscom, Avation Medical, Pretzel Therapeutics, Cadence Neuroscience and Freya Biosciences. A targeted investment strategy for growth, constant commitment to research and development, deep knowledge of markets and business sectors, make Angelini Industries one of the Italian companies of excellence in the sectors in which it operates.www.angeliniindustries.comAbout Nobu Smart Lights Founded in Belgium in 2018, Nobi is an AgeTech company dedicated to helping people age with dignity, safety, and happiness.