Alive Ventures Raises $12M in Funding

Alive Ventures

Alive Ventures has formally spun out of Long Beach-based The SCAN Foundation, launching as a dedicated startup studio focused on imagining and building companies, products and services to help older adults live, work and love, supported with a $12m investment.

The Scan Foundation made the phased investment to provide a long-term runway for the studio as it develops its portfolio of companies and partners.

Led by social impact and design visionary John Zapolski, the creator of STEAM Carnival, a live entertainment brand that inspired kids to invent with science, technology, engineering, art, and math, and co-founder of Fonderie 47, a fine jewelry and timepiece company, Alive Ventures is a startup studio that imagines and builds companies, products and services for older adults.

Exclusively serving an audience of 55 million older Americans, Alive brings together design talent, seasoned entrepreneurial talent and older adults themselves to co-design and launch new generations of well designed products that older adults love to use and share.



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