Maven VCTs Lead £2.1M Investment in FodaBox
November 17, 2021
The Maven VCTs have led a £2.1 million funding round in London-based FodaBox (formerly BoroughBox), with £1.5 million from the Maven VCTs and £600,000 from angel investors. The growth capital will be used to expand operations (including opening a third warehouse), enhance analytics capabilities and launch private-label products to scale the online food & drink marketplace and fulfilment business.
- Buyers
- Maven VCTs, Angel investors
- Targets
- FodaBox
- Industry
- E-Commerce
- Location
- England, United Kingdom
- Transaction Type
- Growth capital
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