CauliBox, a London, UK-based circular economy business focused on food packaging, secured £250k in seed funding.
The round was led by SFC Capital, with participation from angel investors.
Led by Josephine Liang, CauliBox provides digitally-enabled reusable solutions for the disposable food packaging market. The service has already been trialled at a number of London food markets, with partnerships with brands and organisations such as: Westminster City Council, Veolia and London School of Economics.
Within CauliBox’s circular economy the loop system is as follows: the packaging is used, collected or dropped off, washed, and repeatedly re-used at least 400 times, users of the app earn ‘CauliCoins for their efforts which rewards the user with gifts like exhibition tickets.
FinSMEs
05/08/2021