gush, a Singapore-based startup that makes sustainable paint and superior constructing supplies, has raised S$three million in a pre-Collection A funding spherical.
The funding comes from mainboard-listed property group Metropolis Developments Restricted (CDL).
Based in 2017, gush is thought for its flagship product cair inside paint, which its web site describes as an “all-round answer to fight indoor air air pollution”.
Picture Credit score: gush
Whereas a recent coat of paint is a vital step within the renovation course of to show a home into a house, persons are typically involved about exposing themselves and their youngsters to poisonous chemical compounds.
That is the place gush needs to come back in, as their paint is formulated to interrupt down risky natural compounds (VOCs) and ugly odours, and may get rid of 99.9% of an infection inflicting micro organism akin to E. Coli.
By releasing adverse ions, their paint makes PM2.5 particles cluster collectively and “turn out to be too heavy to stay airborne”, so that you gained’t breathe them in.
On high of that, it additionally regulates humidity within the air to maintain properties cool, and prevents mildew progress.
In line with gush, their paint has been utilized in “greater than 600 residential and 60 industrial tasks in Singapore and the area”.
They depend Thomson Medical as one in all their notable prospects—the healthcare supplier, which specialises in girls and kids, painted all their supply rooms with cair.
Co-founder and CEO Ryan Lim believes gush will be capable of faucet on the “speedy improvement of inexperienced buildings, growing demand for more healthy indoor environments, and [the] shift in direction of environmentally pleasant chemical compounds and supplies”.
The startup plans to make use of its funds to deepen R&D, launch new superior constructing supplies and discover branching out into different verticals past the constructing and development business.
They’re additionally planning for growth within the area “the place many international locations akin to Thailand, China, Indonesia and Malaysia are more and more wanting into methods to mitigate air air pollution”, and can enhance their crew as operations develop.
Featured Picture Credit score: gush