Oxwash joined the accelerator program to scale their revolutionary sustainable laundry service. Their laundry system recycles and disinfects water from previous wash cycles, saving up to 60% of the water consumed in a typical commercial washing machine.
Fast forward to today, the team have scaled their sustainable laundry startup from one hub in Oxford to three across Oxford, Cambridge and London, and they’ve raised a £1.75million seed-round.
Following on from the exceptional support and mentorship provided by RB, they secured a major brand partnership with their household brand, Vanish.
major brand partnership
"Founders Factory's accelerator turned out to be a real leg-up for our business. We received mentorship from some of the best minds at Reckitt, and we launched a game-changing partnership with one of their household brands, Vanish, in early 2021.
Not to mention how Founders Factory equipped us with the skills and know-how to scale our business into two new cities and hire our first team. "
In 2019, the global “green cleaning” market accounted for $3.9 billion. By 2029, it will reach US $11.6 billion. The latest generation of consumers have grown up with increased awareness about sustainability, and expect companies to reflect their values. This has led to a surge in demand for eco-friendly cleaning products.
To meet this demand, a lot of large-scale manufacturers are now looking to expand their R&D efforts to innovate and develop more sustainable services. Combining Kyle’s and Tom's expertise in the science of sustainability with Reckitt Benckiser’s knowledge of the FMCG space, we were uniquely placed to help scale a new market leader.
This micro-moment of confusion has a name—the Norman door, named after Don Norman, who discusses this phenomenon in his book ‘The Design of Everyday Things’. So why does this matter...
Some siblings form bands together, others play in the same sports team. We decided to go into business together.
It’s been nearly a decade since the inception of Dronamics, over which we’ve designed, built, and gained approval to start operating our fleet of Black Swan drones.
In a recent fireside chat with Founders Factory founder & chairman Brent Hoberman, Tom shared some of his top lessons for founders, which include:
· Growth vs profitability isn’t a binary choice
· Consider how to improve your ‘clock speed’
· Early stage investors aren’t thinking about your product
· Cash is a commodity; advice is a value add
· Approach data-driven investing with scepticism