Urecsys Overview
Urecsys provides an automated ventilation and indoor air quality management system aimed at improving health outcomes and reducing energy consumption. The company’s patented technology is designed to protect building interiors from exposure to outdoor pollutants while helping manage operational costs and regulatory compliance. The system integrates directly with a building’s management system (BMS) and continuously adjusts ventilation settings in response to real-time variations in outdoor air quality. It increases air intake when outdoor conditions are favorable and reduces intake during periods of high pollution. Powered by artificial intelligence, the platform performs real-time predictions of indoor air quality during building occupancy. These predictions are based on analysis of urban pollution levels and other contextual variables, enabling dynamic adjustments to optimize indoor air quality. Urecsys’ system is designed to support compliance with ASHRAE ventilation standards and contribute toward meeting sustainability and health benchmarks, including LEED points, BREEAM compliance, and WELL certification.
Cumulative Funding Raised Over Time ($)
$3.0MApr 2020
$3.0MAug 2024
$3.5MDec 2015
$7.5MMar 2020
$14.5MMar 2022
Latest News
growth-positive
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.
Investment
growth-positive
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.
InvestmentExpand
growth-positive
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.
Customers
growth-positive
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.
Investment
growth-positive
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.
Investment
| Sector | Industrial Technologies |
Funding
| Total funding | $14.5M |
| Last funding | Undisclosed |
| Stage | A |
| Rounds | 7 |
| Investors | 13 |
Team Members
7
Employees: 11-50
Web & Social Links
| Website | www.urecsys.com |
Locations
HaShalom Rd 7a, Tel Aviv-Yafo, 6789208, Israel
Photos & Videos
1 item(s)
Urecsys Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Climate TechClean Industry Tech Green ConstructionIndustrial TechnologiesOperational Optimization SolutionsTarget Customer
Real Estate & ConstructionManagementCore Technology
Artificial IntelligenceMachine LearningTags (16)
smart-homeclimate-techclean-airresidential-sitesschoolsenergy-savingsaascommercial-sitesconstructionmachine-learningbig-dataproptechmonitoringartificial-intelligencesoftware-applicationssmart-cityGeographic Markets
FranceUnited StatesUnited KingdomItalyGermanyUrecsys Financials
$14.5M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
A
Funding stage
7
Total rounds
13
Investors
Cumulative Funding Raised Over Time ($)
$3.0MApr 2020
$3.0MAug 2024
$3.5MDec 2015
$7.5MMar 2020
$14.5MMar 2022
Private Equity Funding
SAFE
Aug 2024
Undisclosed
Union Tech Ventures, iAngels
A Round
Mar 2022
$7M
Union Tech Ventures (Lead)
,
iAngels, Ungar Family, TALCAR Corporation, Judith Richter, Kobi Richter
A Round
Apr 2020
$3M
iAngels (Lead)
,
Judith Richter, Kobi Richter, MYN Investments
A Round
Mar 2020
$4M
Undisclosed Investor(s), Ministry of Environmental Protection, Judith Richter, Jerusalem Development Authority, Binuy and shikun, Israel Innovation Authority, Kobi Richter
Seed
Dec 2015
$500K
Undisclosed Investor(s), Shikun and Binui Renewable Energy
Non-Equity Funding
GrantEvent
Jan 2022
Undisclosed
Israeli Ministry of Economy
GrantEvent
Jan 2019
Undisclosed
Israel Innovation Authority
Urecsys Lifecycle
Cumulative Funding Raised Over Time
$3.0MApr 2020
$3.0MAug 2024
$3.5MDec 2015
$7.5MMar 2020
$14.5MMar 2022
All Events
SAFE
Aug 2024
Undisclosed
Union Tech Ventures, iAngels
A Round
Mar 2022
$7M
Union Tech Ventures (Lead)
,
iAngels, Ungar Family, TALCAR Corporation, Judith Richter, Kobi Richter
A Round
Apr 2020
$3M
iAngels (Lead)
,
Judith Richter, Kobi Richter, MYN Investments
A Round
Mar 2020
$4M
Undisclosed Investor(s), Ministry of Environmental Protection, Judith Richter, Jerusalem Development Authority, Binuy and shikun, Israel Innovation Authority, Kobi Richter
Seed
Dec 2015
$500K
Undisclosed Investor(s), Shikun and Binui Renewable Energy
GrantEvent
Jan 2022
Undisclosed
Israeli Ministry of Economy
GrantEvent
Jan 2019
Undisclosed
Israel Innovation Authority
Urecsys News
6 articles
growth-positive
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.
Investment
growth-positive
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.
InvestmentExpand
growth-positive
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.
Customers
growth-positive
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.
Investment
growth-positive
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.
Investment
growth-positive
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.
Investment
Urecsys Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 27 |
| Team members | 8 |
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Urecsys Internal
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Admin Info
| Confidence | 91/100 |
| Missing | markets, not claimed |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 514827039 |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2024-11-25T00:00:00.000Z |
| Created | 2016-11-23T00:00:00.000Z |
| Claimed | Yes |