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§ Private Profile · Hong Kong, Hong Kong Island, Hong Kong
Hygiene technology company developing AI-powered disinfection robots and solutions for environmental hygiene in public and commercial spaces.
Hong Kong-based Avalon SteriTech develops and commercializes automated cleaning, disinfection, and sterilization technologies, including AI-powered robotics for public and commercial spaces. The company provides environmental hygiene and infection control solutions to the commercial real estate, healthcare, hospitality, and transportation sectors through direct sales, leasing agreements, and strategic joint ventures. In December 2022, the enterprise closed a US$9 million Pre-Series A funding round led by SoftBank Robotics Group and Cyberport Macro Fund, with SoftBank acquiring an approximate five percent equity stake. Experiencing over 100 percent year-on-year business growth, the firm supplies its flagship robotic systems to major corporate clients and partners including MTR Corporation, Dorsett Hotel Group, and Royale Home, which took a 51 percent stake in a smart disinfection joint venture. Avalon SteriTech was founded in 2020 by co-founders Lewis Ho and Dr. Manson Fok.
Avalon SteriTech has raised $9.0M across 1 funding round.
Avalon SteriTech has raised $9.0M in total across 1 funding round.
Avalon SteriTech has raised $9.0M across 1 funding round. Most recently, it raised $9.0M Pre-Series A in December 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 6, 2022 | $9M Seed Plus | Cyberport, SoftBank Robotics | — | Announced |
Avalon SteriTech has raised $9.0M in total across 1 funding round.
Avalon SteriTech's investors include Cyberport, SoftBank Robotics.