Singapore-based indoor air quality sensor company uHoo announced in a statement dated September 15, 2020 that it has successfully secured an “oversubscribed by 50 per cent”. The round of financing was led by Wavemaker Partners with participation from existing investors from the real estate and tech world.
The fresh funds according to the statement will be used to meet the “large increase in demand”. The company will achieve this by developing more healthy solutions, accelerate growth through increased hiring of talents, and development of innovative new products and services.
Founded in 2014 by Dustin Jefferson S. Onghanseng(CEO) and Brian Lin(CTO), uHoo is an air sensor that monitors and analyzes the air you breathe and provides solutions to create a healthier and safer environment.
“Health and safety have been neglected by majority of employers, landlords and building owners for the longest time. The COVID-19 pandemic has put this in the spotlight and accelerated the movement towards healthy workplaces and healthy buildings. Healthy workplaces and healthy buildings are no longer just empty buzzwords, it is the bare minimum required of employers and landlords,” said Onghanseng.
“Air quality, health, and wellbeing have become key concerns for many, especially as we spend more time indoors and gradually return to our workplaces and schools. This is evidenced by the many blue-chip brands and government clients globally that uHoo has secured in 2020,” said Steve Melhuish Melhuish(Angel Investor and Partner at Wavemarker), who joins uHoo’s Board of Directors.