Seed4 May 2020

Oxwash secures £1.4m Seed investment led by TrueSight Ventures, Biz Stone, Paul Forster and Founders Factory to scale operations.

The funding round was led by TrueSight Ventures alongside notable angel backers to expand team size and regional reach.

£1.4MSeed

Oxwash is a sustainable laundry and wet cleaning service that utilises space-age technology and electric vehicles to achieve net zero carbon emissions.

Oxwash has secured £1.4m in a Seed round led by TrueSight Ventures, alongside angel investors including Biz Stone and Paul Forster, as well as Founders Factory. The capital will be deployed to scale the team and broaden the company footprint across South East England.

The startup applies ozone generation, thermal, and chemical methods to deliver pharmaceutical-grade disinfection for clothing and medical items. The business has adapted operations to support the NHS and vulnerable groups during the coronavirus pandemic.

Founded by Kyle Grant, the enterprise combines electric transport with water-saving processes. The fresh funds arrive as the firm looks to increase its operational capacity and software development capabilities.

From the founder

"We’ve developed a service in the last 2 months that is available to provide coronavirus disinfection. Our original goal for the business remains to help the planet – originally focussing on the eco-friendly nature of our tech compared to traditional laundry options. However, in recent weeks it’s become apparent that our help is needed in keeping people safe. In light of the current coronavirus situation, we are working closely with NHS and vulnerable groups to provide support when needed as well as doubling down on our software development, including our app, and rolling out the service to London later this year while continuing to focus on our original locations – Oxford and Cambridge."

Kyle Grant

Chief Executive at Oxwash

Investor perspective

"Our world is in unknown territory and people are turning to tech for options to improve their lives. Oxwash is using revolutionary technology that can be utilised to prevent viral transmission on textiles during this period and give people reassurance about their safety and those of their loved ones. "