Home > Ireland > Irish company raises €5.5m funding to design and eco-tourism homes

Irish company raises €5.5m funding to design and eco-tourism homes

Written by Robert McHugh, on 27th Nov 2018. Posted in Ireland

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It was announced today that Zoobox have won a near €3 million contract to supply pre-fab homes to the Canadian market. The company has already raised €5.5 million from individual and institutional investors and is on-track to raise a further €10 million in 2019. 
 
Zoobox is an early-stage Irish company that is capitalising on growing demand for ‘back to nature’ holiday experiences and an alternative form of housing solution. Their alternative model of housing is answering the call of eco-tourism market trends and the off-grid homes will be to be delivered by the middle next year. 
 
Zoobox is adding to their workforce with up to new 12 staff expected to manufacture the homes in a factory in Inchicore on Dublin’s southside.

The homes are made of glass, wood, metal alloys and composites. One wall is a series of glass panels that can be opened back. Each can sleep up to six people and as they are off-grid they can rely on their own solar panels and wind turbines for electricity. Each home boasts a space-saving bed that descends from the ceiling and an entertainment centre that requires 45 minutes of cycling to generate power to use it.
 
Speaking this week, Chief executive, Guillaume Pellerin said, "People are increasing looking for ways to reconnect with the world around them in a positive way. This is tourism without negative impact to the environment and provides a welcome respite to the vigours of a digitally-led life. For many, this is becoming less of a holiday and more of a lifestyle choice."

Source: www.businessworld.ie
 

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