Boxs Raises $1.6 Million in a Seed Round Led by PeakXV, Aiming Product Catalog Expansion

By: Asia Business Outlook Team | Wednesday, 23 August 2023

Boxs, a business-to-business manufacturing platform for interior designers and architects, announced a $1.6 million funding round led by Peak XV's Surge on Aug 22. Titan Capital and the Zetwerk founders also participated in the seed funding round. According to a company statement, the new funds will be used to strengthen Boxs' product offering and expand its manufacturing capabilities.

Interior designers can use Boxs to access a library of modules from which to create designs. The platform allows for the customisation of these modules. At every step, prices are calculated with an instant pricing engine for full visibility over costs. According to the statement, designers can also have their designs delivered as fully assembled products, similar to purchasing goods on Ikea. The finished goods are produced using an automated supply chain and delivered assembled in two to three weeks.

"For far too long, interior design firms have relied on decades-old systems and processes, spending a disproportionate amount of time managing workers onsite to ensure final build quality and timelines are met." "Even large, established firms struggle to build their designs on time," said Boxs co-founder Vikram Venkatesan.