‘Carbon neutral’ fulfilment and warehouse provider Airbox has secured a £3m investment from independent asset manager BOOST&Co to expand operations and grow its customer base.
The funding will be used to purchase a new 87,000ft2 warehouse in Leighton Buzzard, which will significantly increase Airbox’s overall storage capacity from 45,000ft2 to 222,000ft2, enabling the firm to support many more customers and brand owners with their fulfilment needs.
Airbox specialises in warehouse space for e-commerce businesses.
The company also offers a carbon-neutral warehousing solution in the form of its flagship fulfilment centre. Its ‘carbon neutral’ status is achieved by 200 rooftop solar panels, which enable the site to produce 212.10 kWp of energy, saving 67,000kw and 93.37 tonnes of Co2 a year.
“We believe that our unique approach to fulfilment services targets a particular gap in the market, so expanding and evolving the Airbox business with this funding will be an important part of our growth journey”, said Jeremy Tan, Co-Founder and CEO at Airbox