We are excited to announce the investment by the Jenson SEIS and EIS Fund 3 into Obeo Ltd.
Obeo designs recycling products to help people live more sustainably. Their first product to market is a compostable food waste box that allows householders to quickly and cleanly recycle their food waste via their organic bin service. Obeo promises to remove the ‘yuck’ factors of food waste recycling and has already converted thousands of people to using their food waste bins.
Conveniently placed on the counter top and filled with food waste, each Obeo box lasts on average 2-3 days. When full, Obeo, along with its contents, goes directly into the outdoor food waste bin. Obeo is strong and doesn’t leak or tear like their competitors’ bio-plastic bin liners. This means no smells, no mess and no bin juice.
Obeo will use the funding to support their entry into the UK market via retail and online channels. They also plan to develop further products in their range of food waste management products that make sustainable living effortless and easy.
Elizabeth Fingleton is CEO – qualified as a chartered accountant with KPMG and has a BA in Business Studies. She has experience in sales, marketing and business development.
Kate Cronin is CDO – holds a BDes in Industrial Design and an MA in Design Sustainability. She has industry experience working in the packaging sector and experience bringing new products to market.
Elizabeth Fingleton commented: “We are delighted that Jenson saw the potential in our range of environmentally friendly household products. We couldn’t be happier to have them on board. We look forward to working with them and benefiting from their years of experience in helping young companies scale.”
For more information please visit the Obeo website.