philip lelyveld The world of entertainment technology

14Jan/20Off

PRESS RELEASE Embodied Labs Raises $3.2 Million in Seed Funding with Diverse Investors Across Aging, Tech and Impact Funds

EL_347x243California-based Embodied Labs, the leading immersive platform using virtual reality (VR) to revolutionize training for the aging care workforce, announced its seed funding of $3.2 million led by top age-tech investor, Ziegler Link·Age Fund, co-led by the leading immersive tech investor, The Venture Reality Fund, as well as SustainVC, a social impact fund in healthcare and education, WXR Fund, investing in women and the next wave of computing, and ETF@JFFLabs, a social impact fund that invests in technologies that close skill gaps and improve economic mobility.

Founded in 2016, Embodied Labs uses the immersive experience of VR to put health care professionals and family caregivers into the body and mind of those who are challenged with lifespan aging issues: cognitive decline such as Alzheimer’s, age-related vision and hearing loss, neurodegenerative disease such as Parkinson’s and Lewy body dementia, and end-of-life decisions. Its training mission is twofold: enhance person-centered care through intellectual and instinctual behavior change and help long-term care providers recruit and retain a quality caregiver workforce.

About Embodied Labs

Embodied Labs, headquartered in Los Angeles, is the leading VR immersive learning platform on aging population health issues training senior living, home care, hospice, medical and nursing schools, hospitals and employers interested in educating HR departments to better support its caregiving employees. Working collaboratively with health care, gerontology, medical and clinical scientist experts as well as seasoned Hollywood filmmakers for powerful storytelling, the Embodied Labs solution has won the National AARP Caregiving Innovation Challenge, The United Healthcare & AARP OpenIDEO Caregiving for Dementia Challenge, The US Department of Education EdSim Challenge and The GlobalXR in Education Prize Challenge funded by the Bill and Melinda Gates Foundation. Learn more: embodiedlabs.com

See the full story here: https://embodiedlabs.com/press-release-blog/2020/1/13/3-2m-seedfunding?utm_campaign=Seed&utm_content=112301910&utm_medium=social&utm_source=facebook&hss_channel=fbp-1069854616393984

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