Daily Markup

Daily Markup #936: Top stories in February on US$38M raised for a first-of-its-kind rocket launch, bean-free coffee, and more

February 29, 2024 · 2 min read

Australia-based Gilmour Space is set to reach new heights with fresh funds raised to boost their upcoming rocket launch, while Hong Kong’s Prenetics will also be going to space to advance healthcare innovation. Here on earth, Prefer is serving up bean-free and guilt-free coffee in Singapore using upcycled food that otherwise would go to waste.

Missed our last highlights issue? Check it out here.

Photo credit: Margot RICHARD on Unsplash
  • Gilmour Space lands US$36M Series D to launch Australia’s first orbital rocket and create more local jobs
  • Prefer lands US$2M Seed to serve sustainable, bean-free coffee made from upcycled food
  • Prenetics to conduct R&D at the International Space Station to bring advances in aging and longevity to people back on Earth
  • Stockbit and eFishery find sustainable growth through their underlying mission of bringing social impact to Indonesians everywhere
  • Meals in Minutes addresses the food waste problem with flash-frozen gourmet meals that have a 1.5yrs shelf-life
  • MYCL co-develops the Shrüm Stool, a carbon-negative furniture piece made of mushroom which withstands up to 290x its weight
  • Qarbotech to boost production of their biocompatible organic photosynthesis enhancer by 50x
  • SOLS Energy launches new subscription program to empower households with affordable renewable energy solutions
  • Boxgreen serves up healthy snacks and employment opportunities for the marginalized in Singapore
  • Naluri publishes Southeast Asia’s largest dataset on mental health, drawing insights on 6 countries across the region
  • YAS launches WALKY, the world’s first on-demand outdoor dog insurance
  • Vircle partners PolicyStreet to provide financial security for children and peace of mind for parents
  • WORQ expands co-working space near train station to encourage greener commute, and beats industry average to achieve full occupancy
  • Carsome partners Chery for trade-ins and training to bring transparency, convenience, and value to car owners in Malaysia

Other stories you may have missed:

  • ALLCARE is part of the Circle of Excellence for 3 years and was named ‘Innovative Company of the Year’ at the Asia CEO Awards.
  • DealCart launched an in-app feature where users can view live cricket scores, buy snacks, and play a cricket game.
  • India’s first survey-grade DGCA-approved drone, Aereo INP, is now Type Certified
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