Urecsys News
6 articles
Urecsys: A breath of fresh air in urban settings | CTech
Urecsys, a cleantech company specializing in improving indoor air quality using advanced AI, has raised $13.8 million in funding. The company integrates real-time outdoor pollution data with sophisticated algorithms to reduce indoor air pollution by 50%, enhancing the health and productivity of building occupants. Urecsys was part of the Israeli startup delegation at Calcalists Mind the Tech NY 2024 conference, where it presented its innovative solutions to senior executives from the US and international tech industries. The funding round was supported by investors including Dr. Kobi Richter, Union Group, The Ungar family, and Talcar Group.
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Urecsys raises $7 million to improve indoor air quality CTech
Israeli company Urecsys has raised $7 million at a $50 million valuation for its indoor air quality solutions. The company has secured funding of over $14 million and has been awarded multiple grants. The Ministry of Economy awarded a grant for the expansion and deployment of Urecsys technology and services in London and New York City. Urecsys smart city urban networks are deployed in various cities in Israel, monitoring air pollution levels in real-time. By utilizing ML and AI prediction methods, Urecsys optimizes fresh air intake within buildings. The company was founded in 2015 and employs around 30 people.
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Smart Israeli system keeps polluted air out of buildings
Israeli startup Urecsys uses big-data analysis and machine learning to predict air pollution levels and improve the quality of indoor air. The companys solution enables ventilation systems to draw in outdoor air only when pollution levels are low, reducing the entry of medically significant air pollution into buildings. Urecsys recently raised $4 million in funding and has installed its solution in about 15 buildings in Israel. The company aims to expand its operations in Israel and abroad. In response to the COVID-19 pandemic, Urecsys is exploring ways to minimize the spread of the virus through temperature control, humidity regulation, and compliance with ventilation standards.
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Israeli Air Quality Control Startup Urecsys Raises Additional $3 Million
Jerusalem-based air quality startup Urecsys has raised an additional $3 million, bringing its total funding round to $7 million. The funding was led by iAngels Crowd Ltd. and included existing investors MYN Investments and Kobi and Judith Richter. Urecsys develops air treatment technologies for optimizing air quality in residential and commercial buildings. The company has seen increased demand for its solutions due to the spread of the coronavirus pandemic. Urecsys claims its technology can help minimize exposure to urban pollution by 50% and reduce coronavirus contagion levels.
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Air Quality Startup Urecsys Raises $4 Million
Jerusalem-based air quality startup Urecsys has raised $4 million in funding. The company develops air treatment technologies for optimizing air quality in residential and commercial buildings. The funding round was participated by existing investors MYN Investments and Kobi and Judith Richter, founders of automated inspection company Orbotech Ltd.
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Environmental health co Urecsys raises $4m
Israeli environmental health company Urecsys has announced a $4 million first closing of a new investment round. The company has developed a system for preventing air pollution from infiltrating residential buildings and presented successful results from a field trial. Urecsys system puts a brain into ventilation systems, monitoring and filtering air pollution. The founders of Urecsys are cancer researcher Nir Bassa, biologist Dr. Shimon Amit, and mathematician and computer scientist Dr. Maor Ganz. Existing investors, including Dr. Kobi Richter and Dr. Judith Richter, have expanded their investment, while new investors such as MYN Investments and Benny Sivan have also joined.
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