Avalon SteriTech Raises US$9M in Pre-Series A Funding to Accelerate its Overseas Expansion and Product Development
Avalon SteriTech today 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., the global leader in robotics solutions as well as Cyberport Macro Fund and a few individual angel investors
Avalon SteriTech Establishes Strategic Partnership with MicroSafe® to Deliver Safe and Eco-friendly Disinfection Solution
Avalon SteriTech specializes in infection control solutions, today announced its strategic partnership with disinfectant expert MicroSafe Group. With the goal of protecting businesses against COVID-19 and other infectious viruses in the post-pandemic era, the partnership combines the companies' strengths in delivering safe and powerful disinfection solutions through applying Nanocyn® Disinfectant & Sanitiser in tandem with AI-Powered disinfection robot Whiz Gambit.
Royale Home Announces Strategic Partnership with Avalon Biomedical Management
Royale Home Holdings Limited. announced that it has entered into a strategic partnership with Avalon Biomedical Management Limited and its subsidiary Avalon SteriTech (BVI) Limited. The Company has also signed letters of intent with Avalon Biomedical Management and its subsidiary Avalon Steritech to set up two joint ventures in Mainland China.
SoftBank Robotics Group Makes Strategic Equity Investment in Avalon SteriTech Strive to Empower Public Health with Disinfection Robotics Solution in Post-Pandemic Era
SoftBank Robotics Group Corp. ("SBRG") today announced its strategic equity investment in Avalon SteriTech ("Avalon"), marks a great step forward in strengthening the companies' collaboration since its joint venture was established in March 2021. Upon the completion of the transaction, SBRG will own approximately 5% stake in Avalon's disinfection business.
Avalon SteriTech attains Robotics Award for Health Products & Services at Singapore Business Review Technology Excellence Awards
Avalon SteriTech announced that it was named the winner of the Robotics Award in the health products and services category at Singapore Business Review's Technology Excellence Awards 2021. This award is a remarkable recognition for Whiz Gambit, the flagship 2-in-1 commercial cleaning and disinfection robot developed with SoftBank Robotics Group.
Avalon SteriTech and SoftBank Robotics Group Launch New Joint Venture to Develop and Promote Innovative Public Healthcare and Hygiene Solutions
Avalon SteriTech and SoftBank Robotics announced a joint venture focusing on the development of innovative products and technologies that strive to empower and benefit public health and well-being