UHOO, a leading provider of smart indoor environmental quality (IEQ) monitoring and management solutions, has announced the successful close of a $3.7 million funding round, comprising equity and debt.
The funds will fuel uHoo's expansion, particularly in the B2B segment, and drive the development of new hardware and software products.
The funding comes at a critical time as organizations worldwide increasingly prioritize sustainability and environmental, social and governance initiatives.
"uHoo takes the most comprehensive approach in the market to IEQ monitoring and management, which has the potential to revolutionize how we think about building operations," said Joel Ang, principal at Wavemaker Ventures.
"Its accurate data and appropriate actionable insights enable customers to build healthier environments and enhance sustainability commitments. These solid and meaningful benefits continually drive the organic growth of uHoo's B2B customers, such as Capitaland and JLL, and secure strategic deals across key markets in Asia-Pacific. We are looking forward to seeing uHoo further empower the sustainable building technology space."
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uHoo's cutting-edge technology provides real-time insights into critical environmental factors such as temperature, humidity, air quality, noise levels, chemical pollutants, and various particle sizes.
The insights and recommendations empower building owners, managers and tenants to create healthier, more comfortable indoor environments while improving building performance.