STOCKHOLM – Aifloo has raised $6 million to continue development of its artificial intelligence-powered smart wristband for seniors. “With this investment and support, we’re looking forward to growing the team and developing our product further,” said Michael Collaros, CEO and co-founder of Aifloo, in a statement. The wristband uses sensors and AI to monitor user behavior and lets caregivers know of any potential problems. “Using cutting-edge AI, we’ve developed a system that learns and analyses human behaviours to increase people’s safety and help caregivers provide help where it’s needed the most,” said Collaros.
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