SoftBank Robotics Group to invest in Avalon SteriTech.

SoftBank Robotics Group, SoftBank Group's intermediate holding company responsible for its robotics business, agreed to invest in Avalon SteriTech, a provider of cleaning, disinfection and sterilization technology infrastructure for public spaces. Financial terms were not disclosed. "We are excited to deepen our strategic partnership with SoftBank Robotics Group, the worldwide leader in robotics solutions. Since last year, we have been working closely in accelerating the adoption of smart disinfection solutions and uplifting the public health standard that transcends conventional concepts of hygiene. The investment from SoftBank Robotics will bring tremendous momentum to our global market expansion, as we continue to work hand in hand with businesses, governments, and societies to safeguard the health and well-being of millions of people around the globe," Lewis Ho, Avalon SteriTech CEO.