Oxwash Raises Additional £2.08M in Seed Funding
- Oxwash, an Oxford, UK-based green tech startup, raised additional £2.08m ($3M) in seed funding
- The company intends to use the funds to expand the team, invest in proprietary technology and accelerate plans for national expansion
- The company uses water-saving ozone technology to sterilize fabrics at lower temperatures, thermal and biodegradable chemical processes
- The company now has more than 8000 individual customers, alongside clients such as the Marriott Hotel Group, Hurr Collective and the NHS
- As part of the funding round, The company took part in Collective Impact, a five-week investment readiness program, delivered by Crowdcube and Virgin StartUp
- The company previously secured £2M from Reckitt, TrueSight Ventures, Founders Factory and Twitter’s Biz Stone