SINGAPORE – uHoo, a leading provider of smart indoor environmental quality (IEQ) monitoring and management solutions, has announced the successful close of a US$3.7 million funding round, comprising equity and debt. The round was led by Wavemaker Ventures, the early-stage fund of Wavemaker Partners, and Menarco Development Corporation. It also saw participation from Undivided Ventures, Raymond Rufino (CEO of Neo offices in the Philippines), Lighthouse Canton, and other existing shareholders. 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 (ESG) initiatives. Demand for healthier, greener buildings is rising as businesses recognize the impact of indoor air quality (IAQ) on employee health, productivity, and overall well-being.
“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.”
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 flagship uHoo Aura is the world’s most comprehensive IEQ solution, tracking at least 13 parameters and upgradable to 16. The insights and recommendations empower building owners, managers, and tenants to create healthier, more comfortable indoor environments while improving building performance. The system seamlessly integrates with existing building systems, enabling automated airconditioning, ventilation, and heating controls to enhance occupant health and save energy.
“We are thrilled to partner with uHoo in their mission to create healthier and more sustainable built environments,” said Carmen Jimenez Ong, founder of Menarco Development Corp. “We believe in the power of technology to harness change and enable more efficient operations. uHoo has allowed Menarco to see the invisible, pinpointing issues like ventilation problems in high-traffic areas. By leveraging its data-driven insights, we’ve achieved 8% energy savings, and uHoo also helped in renewing our WELL Gold certification and health safety rating.”
“We at Undivided Ventures are excited to support uHoo in their mission to improve indoor air quality and create healthier, more sustainable buildings,” said Ariel Shtarkman, Managing Partner and Co-Founder of Undivided Ventures. “uHoo’s technology is a crucial tool in addressing the growing demand for air quality monitoring which is directly linked to productivity and wellbeing, and we believe they are well-positioned to become a leader in this rapidly growing market.”
Dustin Onghanseng, co-founder and CEO of uHoo, said, “We are incredibly grateful for the continued belief and support from our existing and new investors. This funding round will not only fuel our growth but also allow us to deepen our impact on people’s health and the environment. By enabling organizations to create healthier and more sustainable spaces, we are driving real change and addressing some of the most pressing challenges of our time.”
uHoo’s client base spans diverse sectors, including major property developers across the Asia Pacific region, multinational corporations in real estate, healthcare, finance, hospitality, and manufacturing, as well as government entities in Asia, Europe, and the Americas.
