Aeris Series-A

Pitch Deck Collection

Aeris pitch deck to raise $3.3m Series-A round

This is the Aeris pitch deck to raise a $3.3m series-a round in 2020 lead by investment funds PreAngel and Sarona Ventures, Tencent cofounder Vic Lee, and Tinder cofounder Justin Mateen.

About

Aeris is the first provider of full indoor air quality treatment systems. We provide a unique air purifier product line capable of tackling any type of air pollution at home or at work. Unlike current static air treatment products, our system constantly tracks indoor air quality and room occupancy, to ensure our air purification and ventilation devices ensure best air quality with lowest energy consumption.

We continue to push boundaries on nano-spun filter technology, proprietary air quality sensor technology and sleek minimalist air purifier design. Our aeris fleet management software employs latest control system techniques to ensure lowest energy consumption of our products while keeping PM2.5, CO2 and VOC at lowest levels.

Aeris says its AI-powered air purifiers use sensors to gather data on the room size, users’ personal habits, and the air quality to remove 99.95% of pollutants. It does these using an efficient filter that targets even the smallest pollutants, such as virus particles, but says this doesn’t compromise on air flow.

“This is a metric that has become also very important now for infection control. How many times can I recirculate the indoor air and how many times can I push it through a high efficiency filter?” says CEO Pierre Bi.

The startup, which describes itself as a “Dyson for health”, says it has seen a surge in demand in recent months, growing 800% over the year to September compared to the same period the year before. This has been the result of a new go-to-market strategy in the US and Europe, as well as a surge in demand for air purifiers due to the pandemic, says Bi.

“Air quality indoors is a problem, not only in areas where you have bad outside air quality, but also in places where there’s a lot of pollutants created indoors,” he says. “That has become even more apparent now with the outbreak of COVID. Air quality is tightly linked for example to the risk of infections.”

Aeris says it is one of the only air purifiers that is proven to remove feline coronavirus from the air. Its filters capture 99.95% of particles the size of coronavirus and break them down using a proprietary zinc-based coating in the purifier, according to Bi.

But, there is not enough information to say whether using Aeris’ air purifiers removes the risk of capturing coronavirus, as there are still questions about the concentration of the virus that can cause infection.

Aeris air purifiers are currently available in a number of Asian markets, as well as France, Mexico, and the US, where the company has partnerships with big retailers such as Best Buy. The raise will allow it to invest in marketing and to expand beyond air purifiers into other health-related areas such as water, nutrition, and sleep.