Oxwash, a London, UK-based space-age laundry and dry-cleaning startup, raised a total of £1.75m in seed funding.
Backers included RB’s (Reckitt Benckiser) new purpose-led venture arm, RB Ventures, TrueSight Ventures, Biz Stone (co-founder of Twitter), Paul Forster (founder of Indeed.com), Founders Factory, Oxford Technology Management and other angel investors. RB’s EVP of Group Marketing Excellence and Category Development Organisation Hygiene Fabrice Beaulieu will be taking a position on the Oxwash board.
The company is using the funds to launch into London, to invest further into its proprietary technology platform, and to expand in North America and Europe in the next 12-18 months.
Founded in 2017 by former NASA scientist Kyle Grant, Oxwash is a sustainable, on-demand laundry company developing processes to have zero net carbon emissions for the whole process – from collection to washing and back to delivery. From serving consumers, hotels, gyms and Airbnb’s, Oxwash now uses its ozone generation technology and delivery to provide coronavirus (COVID-19) disinfection laundry methods to the healthcare sector, where the demand for high-grade washing is extensive. The NHS, GP practises, care homes, vulnerable people at home and hotels housing key workers, use the startup’s methods which combine ozone disinfection with thermal and chemical processes that wash to pharmaceutical-grade cleanliness. This ensures the disinfection of bacterial, fungal, and viral agents in all items.
Alongside the healthcare sector, the company also provides laundry services to the Oxford University coronavirus vaccine trial due to its scientifically proven high level of disinfection.
FinSMEs
23/11/2020