Vision AI solutions company Alchera (CEO Young-gyu Hwang) and senior healthcare specialist Bayer (byL) announced on the 28th that they have secured a total investment of 15 billion won from KB Investment. Through this investment, the two companies plan to fully launch their aging healthcare business and strengthen the synergy between artificial intelligence (AI) technology and finance within the senior care industry.
This investment comes as the senior care industry is emerging as a key growth area for the future, driven by the aging population. The three companies plan to collaborate on three key strategies: expanding home care services, addressing senior care demand, and advancing AI-based healthcare data.
Based on the investment, Bayer plans to increase the number of home care recipients tenfold by 2029 and expand its daycare centers annually, centered in Seoul. It also plans to pilot a revenue model through non-covered services.
Alchera plans to leverage its Vision AI technology to collect health and behavioral data from seniors in nursing homes. This data will be integrated with Bayer's service network to provide health status predictions and data related to insurance and healthcare. Based on this data, Alchera aims to secure competitiveness in the senior data sector by partnering with private insurers and expanding its B2B services.
This investment marks the first investment from KB Investment's newly established "Venture 5 Division" in July of this year. This division will focus on expanding structured strategic investments centered on key growth industries and supporting the growth of technology-based companies.
- See more related articles
You must be logged in to post a comment.