About Avalon SteriTech
Avalon SteriTech is a company based in Hong Kong (China) founded in 2013 by Lewis Ho. Avalon SteriTech has raised $9 million across 1 funding round from investors including Softbank Robotics and Cyberport. Avalon SteriTech operates in a competitive market with competitors including Blue Ocean Robotics, Xenex, TMiRob, Akara Robotics and Weber Hospital Systems, among others.
- Headquarter Hong Kong, China
- Founders Lewis Ho
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Sectors
Healthcare
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Email
Locked
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$9 M (USD)
in 1 rounds
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Latest Funding Round
$9 M (USD), Seed
Apr 20, 2022
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Investors
Softbank Robotics
& 1 more
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Employee Count
Not available
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People of Avalon SteriTech
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Funding Insights of Avalon SteriTech
Avalon SteriTech has successfully raised a total of $9M through 1 strategic funding round. The most recent funding activity was a Seed round of $9 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Avalon SteriTech
Avalon SteriTech has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Softbank Robotics and Cyberport.
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Cyberport is operated as Hong Kong's digital technology flagship and AI accelerator.
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Humanoid social robots are provided for homes and businesses.
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Investor details for Avalon SteriTech
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Investments & Acquisitions by Avalon SteriTech
Investment portfolio details for Avalon SteriTech
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Financial Statements - Avalon SteriTech
Detailed financials for Avalon SteriTech
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Avalon Steritech Comparisons
Peer comparison for Avalon SteriTech
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Competitors of Avalon SteriTech
Avalon SteriTech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blue Ocean Robotics, Xenex, TMiRob, Akara Robotics and Weber Hospital Systems, among others.
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Mobile robots are manufactured for industries including healthcare and agriculture.
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Disinfection robots with UV technology are supplied for healthcare sterilization.
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Developer of robotic devices for hospital infection control
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AI-based robots for hospital disinfection are provided by Akara Robotics.
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Provider of robots based validated disinfection systems for hospitals
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Developer of disinfecting robotic device
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Detailed competitors of Avalon SteriTech
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Latest news on Avalon Steritech
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Frequently Asked Questions about Avalon SteriTech
Avalon SteriTech was founded in 2013 and raised its 1st funding round 9 years after it was founded.
Avalon SteriTech is headquartered in Hong Kong, China.
Lewis Ho is the current CEO of Avalon SteriTech. They have also founded this company.
Avalon SteriTech is a funded company, having raised a total of $9M across 1 funding round to date.
Founded in 2013 in Hong Kong, China, AI-powered disinfection and sterilization technologies are developed by the company for public spaces and hospital environments. Next-generation cleaning infrastructure is focused on, with the Whiz Gambit product designed as an AI-based disinfectant robot for hospital operators addressing infectious diseases. Operations center on healthcare and public sector applications.
Avalon SteriTech's top competitors include Blue Ocean Robotics, Xenex and TMiRob.
Avalon SteriTech has 2 investors. Key investors include Softbank Robotics, and Cyberport.