IBOXIT

Every year, 55 billion expanded polystyrene (EPS) boxes are produced globally to distribute goods, with over 50% ending up in landfills or oceans, causing an ecological disaster. At iBoxit, we have developed patented technology that replicates and enhances the weight, performance, and strength of EPS boxes. Our breakthrough technique uses advanced manufacturing and entirely natural agricultural waste as stock, producing a 100% biodegradable product that costs less than traditional EPS and yet performs better.

We are currently collaborating with several large-scale commercial businesses in the UK to create tailored solutions which will fit their current factory set up. We are also now seeking European partners. Our prototype is complete, and we are set to begin industrial market testing in the UK in Q2 2025.

Beyond packaging, our innovation pipeline includes a recyclable alternative to wooden pallets and a plant-based antimicrobial spray that extends the shelf life of fresh fish (and we are soon to test other perishables) by over seven days. These complementary solutions align with sustainability goals and demonstrate our commitment to addressing critical ecological challenges in packaging and logistics. They also respond to what the market desperately needs to respond to recent legislation around plastic reduction in supply chains.

We have successfully raised €1.1M in UK grant funding which has enabled us to achieve TRL 6 and we are now looking to test a prototype in market conditions. We are hoping to secure an EIC Accelerator grant to commercialise in Europe and are interested in potential collaborators. Our strategy is to develop partnerships with businesses in key international locations who can manufacture and distribute our products. Europe is key for us as the seafood industry is large and open to ecological innovations.

We are working directly with a global Scottish salmon company with revenues in the hundreds of millions of pounds. They asked us to produce a replacement for their polystyrene box matching or improving the efficiency of the box for transportation of fresh seafood. The company send out around 8500 boxes every day. We have achieved this and patented the technology. We are now working with other partners to develop boxes suitable to their needs. Our aim is to remove expanded polystyrene (EPS) boxes from the global supply chain. There are 55 billion EPS boxes produced globally every year. More than half end up in landfill or in our oceans. Our box is cheaper, stronger and more efficient. And it is 100% biodegradable.