Sustainable food delivery firm Oddbox raises £3m
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The London company behind the UK’s sustainable fruit and vegetable box delivery service is planning to expand nationwide after securing a £3m investment from the Northern Venture Capital Trust (VCT) Funds which are managed by Mercia.
Oddbox, which works with farmers to supply seasonal produce at risk of going to waste, has achieved over 400% growth in the past 12 months, fuelled by soaring demand for sustainable shopping options.
The funding will allow it to expand its services beyond the capital and further develop its technology, including its ‘personal impact’ dashboard which allows consumers to view the amount of food waste, CO2 emissions and water they have helped to save.