Tech Company Financing Transactions

Avalon SteriTech Funding Round

Cyberport Macro Fund and SoftBank Robotics Holdings joined a $9 million Series A funding round for Avalon SteriTech. The round closed on 12/6/2022.

Transaction Overview

Company Name
Announced On
12/6/2022
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series A
Investors

Cyberport Macro Fund (Lead Investor)

SoftBank Robotics Holdings (Lead Investor)

Proceeds Purpose
The company intends to use the funds to expedite its overseas business expansion, particularly in Asia Pacific and the Middle East, and advance its product development by building robotics, biotech, AI, and data science capabilities.

Company Information

Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
Units 502-503a, Level 5, Core C, Cyberport 3, 100 Cyberport
Hong Kong, Undisclosed
HK
Email Address
Overview
Developer of artificial intelligence healthcare solution catering to the biotechnology industry. The joint venture develops public healthcare and hygiene products and solutions using expertise in AI, automation and robotics.
Profile
Avalon SteriTech LinkedIn Company Profile
Social Media
Avalon SteriTech Company Twitter Account
Company News
Avalon SteriTech News
Facebook
Avalon SteriTech on Facebook
YouTube
Avalon SteriTech on YouTube

Management Team

Title
Name
Email & Social
Chairman
Manson Fok
  Manson Fok LinkedIn Profile  Manson Fok Twitter Account  Manson Fok News  Manson Fok on Facebook
Chief Executive Officer
Lewis Ho
  Lewis Ho LinkedIn Profile  Lewis Ho Twitter Account  Lewis Ho News  Lewis Ho on Facebook


 

 

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Prev: 12/6/2022: Chattermill venture capital transaction
Next: 12/6/2022: Protopia AI venture capital transaction

 

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