Oddbox, a London, UK-based sustainable fruit and veg delivery company, raised £3m in funding.
The investment was made by the Northern Venture Capital Trust (VCT) Funds which are managed by Mercia.
The company intends to use the funds for its national roll-out and and further development of its technology, including its ‘personal impact’ dashboard which allows consumers to view the amount of food waste, CO2 emissions and water they have helped to save.
Founded in 2016 by wife and husband team Emilie Vanpoperinghe and Deepak Ravindran, Oddbox is a sustainable fruit and vegetable box delivery service, which works with farmers to supply seasonal produce at risk of going to waste. The company has rescued over 2,000 tonnes of produce from going to waste and delivered 400,000 boxes within London.
FinSMEs
19/03/2020