The agreement includes a $10 million investment that will be used for expansion initiatives.
SAN FRANCISCO, September 28, 2020 / PRNewswire / – Molekule, the company that reinvents air purification, announced the conclusion of a partnership agreement with Sourcenext (listed on the first segment of the Tokyo Stock Exchange, code: 4344), a market manufacturer for Japan, adding software, hardware and IoT products. The agreement marks Molekule’s next phase of expansion, which includes global expansion. In a commitment to Molekule’s innovation, Sourcenext has also invested $10 million in the company. The budget will be used for expansion projects as the company prepares to meet the strong global call for an air purification solution that destroys air pollutants, adding viruses and chemicals.
“Molekule’s revolutionary and patented PECO generation is unique to the market, providing a new solution that captures and destroys air pollutants,” said Nori Matsuda, founder and CEO of Sourcenext. “We see that Molekule is at the forefront of air purification, a leader with significant technological solutions, hardware design and software supply, and we are excited to bring its products to the Japanese market so that consumers can notice an entirely new technique for air purification. “
Japan’s air purifier market is valued at around $500 million according to the year, with two million air purifiers sold per year. Sourcenext, known for expanding sales functionality in Japan from brands such as Rosetta Stone, Evernote, Owl Labs and Dropbox in Japan, is deeply rooted in B2B and B2C channels.
“We are very revered to have Sourcenext as an investor and distributor in Japan,” said Jaya Rao, CEO of Molekule. “They are at the intersection of hardware and software solutions, which fits well with Molekule. Since Japan is the third largest economy. “in the world, we are very happy to bring a revolutionary air purification generation to the local market and to continue our project of supplying blank air for everything. “
Air quality disorders and the onset of COVID-19 have created a strong foreign interest in air purification. Molékule’s PET generation is able to oxidize viruses, bacteria and even microscopic chemical contaminants in the air. Molékule products meet all applicable functionality criteria advised by US FDA standards. But it’s not the first time To help reduce the threat of exposure to SARS-CoV-2 (the virus that causes COVID-19) in fitness facilities and public fitness emergency COVID-19 and possibly destroy other air pollutants such as formaldehyde and ozone, two common lung irritants.
Sourcenext will first launch Molekule’s Air Mini, which offers advanced particle detection and Auto Protect mode, with more products to follow. Starting today, Air Mini is available for pre-order in Japan on molekule. jp page and on sourcenext. com, with retail outlets below.
Sourcenext also places an incredible emphasis on providing air purification responses to its own staff. As such, Molekule has become one of the key innovations for its own workplace in Tokyo, as Sourcenext workers return to the workplace after taking refuge in the place during the pandemic. Sourcenext is known for its state-of-the-art desktop configurations and providing Molekule devices in all of its work environments is one of many tactics that offer innovations throughout its local headquarters.
Sourcenext Sourcenext (Tokyo Stock Exchange, 4344: JP) is the largest distributor and author of IoT software, hardware and products in Japan. Founded in 1996, Sourcenext specializes in helping corporations like Rosetta Stone and Evernote sell their software products and programs in a market of millions of people. And now, with the launch of Pocketalk, Sourcenext is putting its own products in the world. With experience in user experience, market and visitor support, Sourcenext has earned the acceptance and respect of partners, stores and consumers. around the world.
Molekule Molekule is a U. S. -based company. With a project to supply white indoor air to everyone, everywhere. Based on more than 20 years of studies and development, our patented photoelectrochemical oxidation generation (CEEC) destroys the widest diversity of tiny contaminants, adding VF, mold, bacteria, viruses and allergens. Using science to revolutionize air purification in a way that the industry has not seen, PECO is at the center of Molekule’s air purification generation and has been rigorously validated through uninterrupted external laboratories and not – Stop internal testing. We that air pollutants are one of the most demanding situations of our time, as it has been attributed to seven million untimely deaths consistent with the year, according to the World Health Organization. That’s why we’re committed to combating air quality and are actively working with scientists, doctors, patients and legislators to propose a fundamentally different technique for air purification. ormation, scale in https://molekule. com.
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SOURCE Molekule Inc.