Intuition Robotics secures $25 million first close

Aug 29, 2023 · Funding · Intuition Robotics · Service

Intuition Robotics secured a $25 million first close comprising $20 million in venture equity and $5 million in venture debt to scale ElliQ.

Intuition Robotics company media
Company media · Intuition Robotics
  • Woven Capital led the financing.
  • Toyota Ventures, OurCrowd and Western Technology Investment participated.
  • The company linked the capital to commercial growth and continued development of its AI companion for older adults.

Intuition Robotics develops ElliQ, an AI-powered companion designed to support older adults with conversation, wellness routines and social engagement. The platform combines a tabletop robotic device with adaptive conversational software and remote services.