- Angelini Ventures’
investment in Nobi demonstrates its continued strategic focus on
digital health and connected health devices and represents a
significant opportunity to improve the wellbeing of an ageing and
vulnerable population.
- Nobi’s smart lights
demonstrate a remarkable 51% reduction in falls and enable 94%
faster caregiver response times.
- 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. Nobi is looking to revolutionize elderly care by
delivering innovative solutions in fall detection, fall prevention,
and smart care, transforming the landscape of care homes with its
advanced technology, an AI-powered smart light. 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 Nobi’s 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.
Nobi’s AI Smart light is designed to address the
challenges of an ageing population, specifically focusing on fall
detection and prevention in elderly individuals. Nobi’s innovative
light offers a solution to enable seniors to stay at home longer
and support them in professional care environments. The lights work
in real-time, processing data locally to ensure better privacy and
reliability. The AI model was trained for six years by the world’s
best AI experts on more than 250,000 real-life situations.
For fall detection, the lamp uses AI-powered
sensors and cameras to monitor the environment continuously. Rapid
intervention after a fall is critical, as long-lie periods—when
individuals remain on the floor for over an hour—significantly
increase the risk of complications or death. Studies show that
waiting over an hour raises the likelihood of mortality within six
months to 50%. A recent analysis1 highlights Nobi’s impact. The
smart lights enable caregivers to respond 94% faster: reducing
waiting times from one hour and eight minutes to just four minutes.
Before Nobi, 44% of falls involved long-lie periods over an hour.
With Nobi, these incidents were eliminated, ensuring residents
receive timely care and relieving caregivers of the stress of
finding residents waiting for hours.
Recent analysis highlights the significant
impact of Nobi's fall prevention technology in care homes. The data
reveals that Nobi reduces falls by 51% immediately after
installation. At Hartland House, a care home in the UK, fall rates
were reduced by 84% following the activation of additional
prevention measures in a second phase. The success of preventing 4
out of 5 falls at Hartland House has prompted the regional
government to expand Nobi’s implementation across 50 additional
care homes in Lancashire and South Cumbria.
Tanja Dowe, Managing Director of Angelini
Ventures, said: “Nobi's technology stands out by seamlessly
integrating AI and advanced monitoring capabilities with a deep
understanding of elderly care needs. Nobi delivers meaningful,
clinically validated improvements to daily care operations in
assisted living facilities and care homes, supporting both
residents and caregivers. We also appreciate the ability to harness
the Nobi platform beyond fall management, extending its use to more
expansive health and disease monitoring, as well as care
management.”
“This funding milestone is yet another proof of
the overwhelming need for AgeTech solutions that combine gold
standard technology with award-winning design,”
added Roeland Pelgrims, CEO and Co-founder of Nobi.
“Having such a diverse group of world-class investors and an
all-star board reaffirms the global potential of our mission.”
***
Notes to EditorsAbout Angelini Ventures
Angelini Ventures, the venture capital arm of
Angelini Industries, is a Series A and Series B investment firm
focused on accelerating disruptive innovations and trends in
BioTech and Digital Health. 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.
www.angeliniventures.com
About Angelini Industries
Angelini Industries is a multinational
industrial group founded in Ancona in 1919 by Francesco Angelini.
Today, Angelini Industries represents a solid and diversified
industrial reality that employs approximately 5,800 employees and
operates in 21 countries around the world with revenues of over 2
billion euros, generated in the health, industrial technology and
consumer goods sectors. 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.com
About Nobu Smart Lights Founded in
Belgium in 2018, Nobi is an AgeTech company dedicated to helping
people age with dignity, safety, and happiness. Nobi’s flagship
product, its award-winning AI-powered smart light, delivers
innovative solutions for fall detection, fall prevention, and smart
care. Currently employing 50 full-time equivalents (FTEs), Nobi
plans to expand its team to 80 FTEs by the end of 2025. With
offices in Belgium, the US, and the UK, Nobi’s solutions are
available in over 22 countries. Nobi website
ContactsAngelini VenturesPaolo Di
Giorgio, CEOMartina Palmese, Communications
Coordinatormartina.palmese@angeliniventures.com
Media contacts for Italy - SEC Newgate
ItaliaDaniele Pinosa, daniele.pinosa@secnewgate.it; Tel. +39
3357233872Fausta Tagliarini; fausta.tagliarini@secnewgate.it; Tel.
+39 3476474513Daniele Murgia; daniele.murgia@secnewgate.it; Tel.
+39 3384330031
Media contacts outside Italy -
MEDiSTRAVA Sylvie Berrebi, Sandi Greenwood, Mark
Swallowangeliniventures@medistrava.com
1 Nobi impact analysis: conducted in five care homes across
2,817 resident days