uHoo air quality sensor
uHoo, a Singapore-based indoor air quality sensor company, said today it has secured an undisclosed amount in a funding round “oversubscribed by 50 per cent”, led by Wavemaker Partners.
Enterprise Singapore, along with existing and new investors from the tech and real estate sectors, including PropertyGuru Group Co-founder Steve Melhuish (who is also a Venture Partner at Wavemaker), also joined the round.
The funds will be used by uHoo to meet the “large increase in demand” for healthy building solutions, accelerate growth through increased hiring, and development of innovative new products and services.
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Founded in 2014 by Dustin Jefferson S. Onghanseng and Brian Lin, uHoo has designed an air quality sensor device. It can monitor nine air quality parameters and also provides data, alerts, insights and recommendations via the uHoo mobile app.
The firm claimed in a press release that it has seen “an almost 5x increase” in units deployed in the last 12 months driven by “strong healthy building demand” by governments, schools, hospitals, hotels, malls, kitchens, offices and families in North America, Europe and Asia.
The company also said its revenue is exceeding original 2020 plans due to COVID-19 and the increased focus on health and wellbeing.
In June 2020, uHoo launched a Virus Index to provide a real-time view on COVID-19 survivability and airborne transmission risk.
“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 Melhuish, who joins uHoo’s Board of Directors.
The company is tackling a large US$180 billion air quality market, which is expected to grow rapidly due to increased health and safety concerns globally.
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“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.
Over the last few months uHoo has grown its customer base across different vertical industries worldwide to provide solutions such as data insights, dashboards, apps, alerts, and integrations with building management systems.
Clients include Capitaland, CDL, GIC, Gammon Construction, Schiphol Airport, HK Baptist University, and the governments of Holland, the USA, and Australia.
In 2018, uHoo had raised a 7-figure in a bridge round led by Wavemaker Partners with co-investment from Seeds Capital.
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Image Credit: uHoo
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