Photo: AWAIR 2nd Edition / Photo Credit: AWAIR
Intelligent air quality company Awair has announced it has raised $10 million in Series B funding. This round of funding was led by The Westly Group. Altos Ventures, Emerson Electric, iRobot, and Nuovo Capital also participated in this round.
Using this funding round, Awair is going to focus on increasing production in order to fulfill the increasing demand for their consumer solutions. And the company is also going to invest in R&D for new products and continued growth of their enterprise business via an expanded sales process.
“Air impacts all aspects of our health and well-being. There is a massive opportunity in how we design, build, monitor, and control our environments. Current technology for built environments is not optimized for occupants’ health and productivity. Awair exists to make sure we are productive, safe, and healthy,” said Awair co-founder Ronald B. Ro in a statement.
Ever since founders Ro and CTO Kevin Cho launched Awair in 2013, it has become the top provider of consumer air quality products. And its products are globally distributed and used in more than 3,000 cities around the world. The company has headquarters locations in both San Francisco, California and Seoul, South Korea. And the company employs former executives from companies like Boeing, Cisco, Google, and Procter & Gamble.
Some of Awair’s products include Awair 2nd Edition, Glow, Baby, and Mint. With these products, users are able to analyze air quality (temperature, carbon dioxide levels, and fine dust) in their homes in order to make changes and optimize their homes for healthy air. This is especially important in areas that have experienced natural disasters like the California wildfires.
And Awair has made a major impact in the enterprise space with the launch of Omni — which is a scalable solution that allows offices, hotels, schools, and hospitals to track and optimize air quality in response to the growing focus on employee and occupant health. Omni is used by organizations like WeWork, Airbnb, Harvard University, and The Crown Estate for keeping facilities optimized for employee and tenant health.
The Westly Group’s investment in Awair is further evidence of the venture firm’s commitment to creating a sustainable future. The Westly Group has also invested in Tesla Motors (electric cars), Sterblue (power-grid inspection and drone developer ), and Gecko Robotics (safety robotics).
“Over the last few years, we have been impressed with the insights Awair has provided on how our environment directly affects our well-being,” added The Westly Group managing partner and founder Steve Westly. “We’re confident that Awair will continue to empower people with real data that allows them to live a healthy lifestyle.”
