Durcal Raises €3 Million to Expand Telecare Abroad With AI
Spanish telecare company Durcal has closed a €3 million round to fund international expansion and bring artificial intelligence to its 24-hour elderly care service.

Durcal, a Spanish technology company specialising in telecare, has closed a new €3 million funding round. The money will pay for international expansion and for applying artificial intelligence to remote care for older people.
The deal also brings in Adrián Cheb Terrab, a businessman with a long career in international finance, as partner and chief financial officer. He will lead the company's financial strategy and corporate operations. Durcal's shareholders already include Atresmedia, Prosegur, Telefónica and Mangrove, among other funds.
A smartwatch backed by a human team
More than 16,000 families already use Durcal to look after their elders. Unlike a conventional smartwatch, each Durcal watch is backed by a team of people available around the clock, and the company handles more than 3,500 emergencies a year.
The ecosystem combines a free mobile app with a smartwatch designed for older users. It includes an SOS button, automatic fall detection, GPS, activity and certain vital-sign monitoring, and medication reminders, all linked to a 24-hour telecare service.
Italy now, Latin America next
Having consolidated its business in Spain, Durcal is working in Italy to validate its product and partnership model before expanding at larger scale. It is also preparing to launch in Latin America. The company points to ageing populations and families looking for ways to help relatives stay independent for longer.
The new capital will also go toward strengthening the team and improving the product. On AI, Durcal wants to move from a reactive model, which acts after an emergency has occurred, to a proactive and personalised one that anticipates needs without losing the human element.
"We have validated our product and our model, and now we want to take a step further, bringing to new markets our vision of telecare that is more technological, effective, human and less stigmatising," said CEO Francesc Lucena. Cheb Terrab, who is also CEO of Brava Investments Management Corp, said his goal is to speed up growth and consolidate Durcal's presence in Europe, Latin America and other markets.
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