APAC CIOOutlook
About UsConferencePartner With Us
  • Technologies
    • Blockchain
      Data Intelligence and Management
      Digital Transformation
      FinTech
      Generative and Agentic AI
      Low Code No Code
      Mobile Application
      Networking
      Robotics
      Storage
      Wireless
  • Industries
    • Automotive
      Aviation
      Banking
      Construction
      E-Commerce
      Food and Beverages
      Healthcare
      Insurance
      Logistics
      Manufacturing
      Retail
      Supply Chain
      Travel and Hospitality
  • Platforms
    • Microsoft
      Salesforce
      SAP
  • Strategic Solutions
    • Business Intelligence
      Contact Center
      Corporate Finance
      CRM
      Cyber Security
      Data Center
      Enterprise Asset Management
      Enterprise Performance Management
      IT Infrastructure and Services
      Managed Services
      Procurement
      Unified Communication
      Workflow
  • Home
  • CXO Insights
  • Leadership Perspectives
  • Innovation Insights
  • Research
  • News
  • Whitepapers
  • CXO Awards
#

Apac CIOOutlook Weekly Brief

×

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

Subscribe

loading

THANK YOU FOR SUBSCRIBING

  • Home
  • News

SensorFlow Bags USD 8.3 Million in Series A+ Round of Financing

Proceeds from the financing round will be used to develop further the company's smart building management solution for heating, ventilation, and air-conditioning (HVAC) systems and launch in the United States this year 

By

Apac CIOOutlook | Friday, May 01, 2020

Proceeds from the financing round will be used to develop further the company's smart building management solution for heating, ventilation, and air-conditioning (HVAC) systems and launch in the United States this year

Fremont, CA: Proptech startup SensorFlow raised USD 8.3 million in a Series A+ funding round led by Openspace Ventures and Gaw Capital Partners. SensorFlow is one of Singapore's leading proptech startups that help hotels and commercial properties optimize their energy and operational efficiency. Proceeds from the financing round will be used to develop further the company's smart building management solution for heating, ventilation, and air-conditioning (HVAC) systems and launch in the United States this year. Besides, the funds will be used to hire new talent in hardware and data science roles as well as to expand to new global markets.

“For the hospitality sector, the need for optimizing energy and operational efficiency is especially pertinent now as it works on recovering from the COVID-19 pandemic. Our technology can help hotels and properties maximize the use of limited resources, adopt clean technologies, and become more sustainable. SensorFlow’s solutions can thus help clients save costs in the longer term and bounce back faster from the pandemic’s economic effects,” said Saikrishnan Ranganathan, CEO, and Co-Founder of SensorFlow.

Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.

SensorFlow was founded in 2016 to offer buildings, including hotels, offices, and industrial spaces, the ability to automate HVAC systems, monitor equipment performance, and optimize housekeeping routes through an Internet of Things (IoT) technology and artificial intelligence-driven solution. The company's solution helps generate up to 30 to 50 percent of savings on hotel room HVAC costs, which can translate up to 30 percent in savings on total hotel energy bills.

“Climate change has largely altered our lifestyle choices, and travelers in the US have become more environmentally conscious. In the past year, we have seen a significant increase in the number of hotels partnering with us across Southeast Asia to achieve better efficiency and sustainability. This is highly encouraging and places us in a much stronger position to develop our solution further to meet demand in new key markets such as Japan, Australia, Europe, and the US. Through our smart automation solution, we want to make advanced sustainability technologies the new standard in the global hospitality industry," added Saikrishnan Ranganathan.

Until date, the company has been signed on by nearly 10,000 hotel rooms across Southeast Asia and recorded a 1,000 percent increase in hotel room installations since 2019. “We are committed to supporting startups that develop innovative technologies to transform the way we operate,” said Gervin Yang, VP Investments at Openspace Ventures. “SensorFlow's cutting-edge solution leads to energy and operational efficiency gains that contribute to substantial cost savings. This is especially important in the current climate and can be adopted by any property manager looking to increase profitability as well as to reduce their impact on the environment.”

See also: Top HVAC Consulting/Service Companies

More in News

The Strategic Value of Strong Supplier Relationships

...Read more

Quantum Technology: Driving APAC Industrial Transformation

Quantum technology is significantly advancing the fields of computation, communication, and sensing, thereby creating opportunities that were previously considered theoretical. Various organizations and research institutions are engaged in competition to develop more reliable qubits, implement effective error correction techniques, and establish scalable systems capable of addressing challenges that surpass the capabilities of classical computers. Emerging practical applications span a range of areas, including the acceleration of drug discovery, enhancement of cybersecurity measures, and optimization of complex logistical operations. Although challenges such as hardware fragility, environmental sensitivity, and substantial development costs remain, ongoing innovations in materials, cooling systems, and quantum algorithms are progressively mitigating these issues. Consequently, quantum technology is a domain where promise and progress are evolving in tandem. How Does Quantum Technology Benefit Industries Today? Quantum technology is starting to deliver real benefits across several industries by solving problems that were previously too complex or time-consuming for classical systems. In pharmaceuticals, quantum simulations are helping researchers model molecular interactions more accurately, speeding up drug discovery and reducing trial-and-error testing. Finance companies are exploring quantum algorithms to optimize portfolios, manage risk, and detect fraud faster than traditional systems. Even logistics and manufacturing are seeing advantages, with quantum-based optimization improving supply chain efficiency and resource allocation in ways that were once impossible at scale. Beyond computational speed, industries are also benefiting from advances in quantum sensing and communication. Quantum sensors offer unprecedented precision in fields like navigation, energy exploration, and environmental monitoring, while quantum encryption promises highly secure communication channels that could transform data security. By integrating these capabilities, businesses can make smarter decisions, reduce costs, and innovate faster. While adoption is still in early stages, the combination of computation, sensing, and secure communication is already giving forward-looking companies a competitive edge, showing that Quantum technology is moving from theory into tangible industry impact. What Innovations Are Shaping the Future of Quantum Technology? The future of Quantum technology is being driven by innovations that make quantum systems more stable, scalable, and practical for real-world use. Advances in qubit design, materials, and error-correction techniques are improving reliability, while hybrid quantum-classical algorithms allow businesses and researchers to harness quantum capabilities even before fully fault-tolerant machines are ready. This is opening early applications in areas like finance, logistics, and healthcare, where complex problems can be solved faster and more accurately than ever before. Moreover, breakthroughs in quantum communication, sensing, and software are expanding its reach. Quantum networks promise ultra-secure data transfer, while quantum sensors deliver unmatched precision in navigation, energy, and environmental monitoring. Cloud-based platforms are also making quantum tools accessible to smaller organizations, democratizing experimentation and innovation. Together, these advancements are positioning Quantum technology as a transformative force that can reshape industries, accelerate scientific discovery, and unlock entirely new possibilities. ...Read more

Mastering PPP project analysis, financing, contracts & transaction management techniques

Infocus International is delighted to bring one of their best virtual workshops,  Public-Private Partnership (PPP)  that will be set to commence  17 August 2026 . We need new infrastructure. Roads, airports, schools, hospitals and housing: the list is enormous and growing. Yet severely limited budgets, economic uncertainty caused by volatile commodity prices, and deficits continue to prevent government at all levels from delivering the kinds of structural change that has always been needed. In response, some countries have developed successful PPP programmes. Merely grasping the concepts of PPP does not do justice to our great responsibility of having an ownership in the country’s future. We already know what we need to do, now is the time to really discover HOW. One of our participants from  Electricity Generation Company (Malawi) Ltd  shared that, “ The facilitator was very knowledgeable on the subject matter, very responsive to questions and innovative in the delivery of the PPP training program. The knowledge gained will assist me in productive participation in ongoing and planned PPP Projects in my country.” Another participant from  PNG Ports Corporation  also mentioned that,  “This is an excellent course for anyone involved in PPP. Highly recommended.” Benefits of Attending • Use best practices from international case studies of successful PPP transactions and common practical pitfalls to avoid • Design and manage PPP legal, regulatory & institutional frameworks to attract investors and complete PPP transactions • Apply models for the efficient design and completion of PPP feasibility studies • Understand project financing requirements and evaluate PPP financial models for both affordability and bankability • Evaluate and apply different credit enhancement techniques to ensure PPP bankability, including blended financing, viability gap funding (VGF), partial guarantees, risk insurance products, output-based aid (OBA) and other financial instruments • Design PPP transaction implementation plans and manage & oversee PPP transaction advisors for reaching commercial closure and financial closure • Models for PPP tender documents, including PPP Project Information Memoranda (“InfoMemos”), Requests for Qualifications (RFQs), Requests for Proposals (RFPs) • International models for designing and drafting PPP contracts & agreements • Environmental & social impact mitigation techniques to structure sustainable private investments in public infrastructure • Plans for managing sustainable PPP contracts including ensuring technical performance, quality of service delivery, price review & adjustment regulatory models, legal contract management and alternative dispute resolution (ADR) techniques Want to learn more? Simply email  media@infocusinternational.com  to register your attendance. For more information, please visit  https://www.infocusinternational.com/ppp-online ...Read more

Deploying Big Data Analysis to Develop IoT Solutions

Data from various sources forms the basic foundation of businesses. In the present times, the improvement of connectivity in the IoT space has resulted in the transfer of huge chunks of data. Therefore, there is a need for big data analytics in IoT in order to address the challenges related to management of large-scale, through the data pipeline architecture. To begin with, data pipeline is the process concerned with the movement of data through an organization. Once data enters into an organization, the stage is referred to as data ingestion. Next in the process is the stage of data transportation from the data ingestion stage to the other stage is known as data collector. Followed by this, the data moves through the processing stage wherein appropriate measures are taken to store it. Data storage stage steps up to the data query stage where it is analyzed through interactive queries. The final stage is concerned with valid presentation of data in different forms of business infographics, such as graphs or statistics. Data generated in the IoT space requires a data management system with the following qualities: •  It should be adapted to manage and process a huge number of data sources, keeping pace with the continuous increase of IoT devices. •  The data management system must have a prompt response time in order to notify the concerned segment of the business in case of failures while processing or storing data. •  The system must be able to scale data on multiple parameters such as a number of devices, storage, and messages. •  Diversity and flexibility are required to process use cases and simultaneously accommodate new use cases. •  The data management system should be cost-effective. All the above criteria suggest that IoT requires interacting with big data analytics tools in order to manage such big chunks of data. ...Read more

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

APAC CIOOutlook
Follow on LinkedIn

About

  • Home
  • About Us
  • Partner With Us

Stay Connected

  • Subscribe
  • Newsletter
  • Sitemap

Contact Us

  • editor@apacciooutlook.com
  • sales@apacciooutlook.com
  • marketing@apacciooutlook.com

Legal

  • Editorial Policy
  • Privacy Policy
  • Terms of Use

© 2026 APAC CIOOutlook. All rights reserved. Headquarteblue in Fort Lauderdale, FL, USA.

This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

https://www.apacciooutlook.com/news/sensorflow-bags-usd-83-million-in-series-a-round-of-financing-nwid-7445.html