The business, which works with public and private landlords to secure space for street food traders to operate in, is also planning to expand out of London where it operates at Broadgate Circle and Glasgow (Buchanan Galleries) after receiving the funding from B.O.H LLC in Singapore.
StreetDots co-founder Atholl Milton said the company plans to expand its network of pitches or 'dots' from 30 to 70 by the end of the first quarter as well as introduce retail and restaurant brands to its network. Sites in Edinburgh, Manchester, Leeds, Sheffield, Bristol, Bath, Cardiff, Reading, Oxford and Cambridge are being targeted with further expansion in Glasgow also expected.
"Street trading is one of the oldest ways of doing business, yet the last to be modernised. It’s hard to believe that in 2017 it is still very much a paper-based sector," he said.
“StreetDots is changing this and has already transformed dormant space across the UK into vibrant street food hubs. We are looking forward to opening our network to other types of traders and redefining the retail landscape of our cities and beyond.”
Street food traders and retailers can use the StreetDots app to find a trading space. The technology handles rent, documentation and licensing, doing away with paper admin. Each dot hosts a different trader each day which it said helped bring 'variety to local workplaces and communities'.
The service was created by former street food trader Milton and designer Darren Callcot after Milton found it difficult to find a spot for his street food truck and spent hours chasing local authorities by phone and negotiating with market owners.