5 years ago

Oxwash Secures £1.75 Million Seed Funding for Sustainable Laundry Solutions

  • Oxwash, a London-based sustainable, on-demand laundry startup, has raised £1.75 million in seed funding

  • The round was led by RB Ventures, the new purpose-led venture arm of Reckitt Benckiser, with participation from TrueSight Ventures, Biz Stone (co-founder of Twitter), Paul Forster (founder of Indeed.com), Founders Factory, Oxford Technology Management, and other angel investors

  • Oxwash will use the funds to launch in London, invest further into its proprietary technology platform, and expand in North America and Europe in the next 12-18 months

  • Oxwash's ozone generation technology and delivery system provide a high level of disinfection, enabling them to serve the healthcare sector and the Oxford University coronavirus vaccine trial

  • The company provides laundry services to the NHS, GP practices, care homes, vulnerable people at home, and hotels housing key workers.

      • ProblemTechnology

      "Providing a sustainable, on-demand laundry service with zero net carbon emissions from collection to delivery."

      Solution

      "Utilizing proprietary technology to offer high-grade washing services that meet pharmaceutical standards of cleanliness, including disinfection of bacterial, fungal, and viral agents."

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