Boxful, a New Frontier Innovation company has raised HK$140m (US$18million) in Series B financing. Its strategic partners include Shimao Group, Shui On Group and Nanfung Group.
Boxful is Hong Kong’s leading on-demand storage company, powered by technology. It stores clients’ personal items at a offsite location and can be called back at any point, reducing the logistical friction of traditional mini-storage.
The company plans to use this round of funds to expand to mainland China and other parts of Asia, providing simple, convenient, affordable and reliable storage services for users who are moving, decorating, storing seasonal clothes, or have an interest in collecting.
Boxful is currently operating in Hong Kong and Taiwan.
About New Frontier
New Frontier is a diversified investment group focused on the new economy sectors in China. New Frontier is founded by a group of highly experienced investment professionals, entrepreneurs, industry operators, and backed by Asia’s most connected and influential investors. New Frontier currently organizes its companies under different major verticals: Healthcare, Innovation and Education. For more information visit www.new-frontier.com.
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