Hello Robot Secures $3 Million Grant From National Institute On Aging For Robot Development

Hello Robot, a Martinez, California-based developer of mobile manipulator robots for everyday environments, raised nearly $3 million in grant funding from the National Institute on Aging, part of the National Institutes of Health, through a Phase IIB Small Business Innovation Research grant. Led by CEO Dr. Aaron Edsinger, the company will use the funding to advance the commercialization of its Stretch mobile manipulator robot for in-home use by older adults with mild cognitive impairment and early Alzheimer’s dementia, as well as in care settings. FOUNDERS: Dr. Aaron Edsinger & Dr. Charlie Kemp INVESTOR: National Institute on Aging AMOUNT: $3,000,000 HQ: Martinez, California #VentureCapital #HelloRobot #DrAaronEdsinger #DrCharlieKemp #TradedVC