SNACKBOX subscription service startup Boxgreen has secured an undisclosed round of pre-Series A funding from Octava Impact Investment, Angel Central Syndicate and existing investor Expara Ventures.
Boxgreen"champions fair and inclusive hiring" and part of the funds raised will be used to set up a new manufacturing facility in Changi Prison to expand its operations while providing training and employment for ex-offenders. The four-year-old company also recently acquired Squeezed! Juice, a cold press juice manufacturing brand, to diversify its consumer offerings of healthier products.Boxgreen, which is certified by B Corporation - a global non-profit organisation that assesses social and environmental performance, manages its manufacturing and operations in-house and said that it"makes a conscious effort to create positive social value across its entire supply chain".
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