Oddbox closes new funding round

Photo courtesy: Oddbox

Oddbox has received GBP 16mn from Burda Principal Investments (BPI) to support the company further its mission which is to: give its consumers more options to fight food waste that suits their lifestyle, improve Oddboxes’ digital experience, grow its customer base and increase the share pool of its staff. The investment also offers a partial exist to angel and crowdfunding investors.

BPI’s investment follows two previous rounds. The first was an angel and crowdfunding round in 2018, which was then followed by a series A round in 2020—which gave Oddbox the opportunity to expand outside of London for the first time.

About Burda Principal Investments
BPI is a long-term investor that supports sustainable businesses. The company has a strong foothold in the food publishing and consumer digital industry.