The pre-seed round was led by Science Creates Ventures with backing from a syndicate of institutional and angel investors.
"The UK would massively benefit from delivering major infrastructure projects on time and on budget, and through increased productivity by reducing the time it takes to bring such projects to the point of benefitting people. A big part of this is the difficulty found in mapping the complex unseen environments and hidden critical infrastructure that resides under the ground. Considerable budgets are allocated to ensure that unexpected obstacles can be overcome. On HS2 alone, the contingency for unforeseen ground conditions is £248m."
The pre-seed round was backed by the British Design Fund and Techstars to support product development and new service launches.
"As a team, we were sceptical as to why others hadn’t already thought of such a simple solution to the boxes’ outdated design – something that had not changed in over two decades. Coupled with this, we found their production involves carbon-heavy manufacturing and the use of virgin PP plastics, large raw material supply chains, and synthetic dyes."
Fontinalis Partners led the pre-seed round, which included participation from Fuel Ventures and InMotion Ventures.
"This round of capital, and importantly the investors behind it, serves both as early validation to the global scale of our vision and provides the firepower to execute upon our ambitions."