Israeli Intuition Robotics raises $6 million for its social companion technology

Israeli startup Intuition Robotics, which develops social companion technologies, has raised $6 million. The funding comes from iRobot Ventures and the equity crowdfunding platform OurCrowd. Intuition Robotics will open its U.S. Headquarters in Silicon Valley this year.

Intuition Robotics is developing social companion technology for older adults, that will help connect them with family and friends and promote a healthy lifestyle. The company's multidisciplinary team of experts is currently developing Elli•Q, the Active Aging Companion.

"We are thrilled with the positive market response to Elli•Q, our first product that was announced a few weeks back, and are looking forward to expanding our team in Silicon Valley," said Dor Skuler, CEO and co-Founder of Intuition Robotics in a statement. "We welcome strategic investor iRobot whose vast experience and insights in the consumer robotics market is unmatched. We're also excited that OurCrowd is joining the team and proud to present Elli•Q live for the first time at their Global Investor Summit in front of thousands of investors, potential partners and the media."

"Intuition Robotics' Elli•Q is an exciting advancement in cognitive computing and human-robot interaction," said Hanns Anders, Director at iRobot Ventures in a statement. "iRobot has been a longtime proponent of the development of robotics technologies to support the world's aging population. The advances being made by Intuition Robotics are critically important to keeping this important population active and engaged."

Read more: PR Newswire