Oxbury Bank Plc is a UK-based bank founded in 2018 with the aim of providing funding and support to the food and farming industries. The company is unique in the sense that it is the first bank of its kind to be set up in the past two centuries. Oxbury was established by a coalition of bankers, farmers, agricultural businesses, and technologists with the sole purpose of serving the rural economy. Oxbury's dedication to the rural economy is evident in its slogan, "Oxbury Bank was founded to provide the food and farming industries with the funding and support that they need." The bank's commitment lies in the fact that every pound saved with Oxbury goes to help farmers and the wider market produce food, preserve the countryside, and deliver a positive impact on the rural economy. This unique approach sets Oxbury apart from traditional banks, where farming is often only a small part of their business. In contrast, at Oxbury, serving the farming industry is the primary focus. With a focus on Agriculture, Financial Services, Fintech, Lending and Investments, Banking, and AgriTech industries, Oxbury has gained significant attention in the UK's financial landscape. In December 2023, the company secured a noteworthy Funding Round investment from Grosvenor Food & AgTech, further cementing its position as a major player in the agricultural finance sector. Oxbury's innovative approach and dedication to the rural economy make it a compelling investment opportunity for venture capitalists looking to support sustainable and impactful businesses in the financial and agricultural sectors.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Funding Round | Unknown | 1 | Grosvenor Food & AgTech | 04 Dec 2023 |
Debt Financing | £25.00M | 1 | 31 Aug 2022 | |
Series C | £20.00M | 5 | Grosvenor Food & AgTech | 05 Jul 2022 |
Series C | £31.00M | 4 | Hutchison Group, Grosvenor Group | 30 Mar 2022 |
Series C | Unknown | 1 | 16 Nov 2021 |
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