4 years ago
Oxwash Raises €590k in 15 Hours on Crowdcube for Sustainable Laundry Service
Oxwash, a UK-based green tech startup, has raised €590,000 in equity investment through crowdfunding platform Crowdcube in just 15 hours
The company offers a sustainable on-demand laundry service with a vision to achieve net-zero carbon emissions
Oxwash uses water-saving ozone technology, biodegradable detergents, and electric cargo bikes for sustainable washing and hyper-local zero-emission logistics
The company has partnered with Reckitt's heritage clothes care brand, Vanish, and has grown significantly since the pandemic, serving over 8,000 individual customers and clients such as the Marriott Hotel Group, Hurr Collective, and the NHS
The new funds will be used to expand the service geographically and continue to engineer best-in-class software and technology.
ProblemTechnology
" laundry process harming the environment and contributing to plastic pollution"
Solution
"using eco-friendly technology, water-saving ozone technology, biodegradable detergents, and hyper-local zero-emission logistic footprint to reduce environmental impact"