Avalon Steritech Raises Us$9M In Pre-Series A Funding To Accelerate Its Overseas Expansion And Product Development
Amount Raised
$9 Million
Round Type
Pre-Series A
Investors
Description
Avalon SteriTech ("Avalon"), a global start-up specializing in public health and environmental hygiene solutions, announced the close of a US$9 million funding in Pre-Series A round. This round initiated in April this year was participated by SoftBank Robotics Group Corp. ("SBRG")*, the global leader in robotics solutions as well as Cyberport Macro Fund and a few individual angel investors. SBRG will continue to support Avalon in driving its business strategy and product R&D, expanding the global sales network, while exploring opportunities for future fundraising and M&A activities.
Quick answer
Avalon SteriTech raised $9 Million in a Pre-Series A round, dated December 12, 2022. Investors: Cyberport Macro Fund. Avalon SteriTech is based in China.
- How much did Avalon SteriTech raise?
- Avalon SteriTech raised $9 Million in a Pre-Series A round on December 12, 2022.
- Who invested in Avalon SteriTech?
- Cyberport Macro Fund is named as investors in this round.
- What does Avalon SteriTech do?
- Avalon SteriTech strives to provide next-generation cleaning, disinfection and sterilization technology infrastructure for public spaces.
- Where is Avalon SteriTech based and how big is it?
- Avalon SteriTech is based in China.
Source: Fundz verified event record.
Who else raised in Biotechnology and Health Care around the same time
Companies in the same sectors as Avalon SteriTech that raised within 45 days of this round, from Fundz verified event records.
- HBM Alpha Therapeutics raised an undisclosed amount (Seed) on January 26, 2023.
- ADARx Pharmaceuticals, Inc. raised $46M on January 26, 2023.
- Streamex Corp. raised $234K (Seed) on January 25, 2023.
- ForceField Protection raised $250K on January 24, 2023.
- Apexigen raised $2.8M (Seed) on January 24, 2023.
- AdipoPharma raised an undisclosed amount (Series A) on January 23, 2023.
Who to call at Avalon SteriTech, and when
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