2 years ago
HIVED Raises £10 Million for Zero-Emission Parcel Delivery
HIVED, a London-based startup specializing in zero-emission parcel delivery, has secured £10 million in Series A funding led by Planet A Ventures, with participation from existing investors including Maersk Growth, Pale blue dot, and Eka Ventures
The funding will be used to expand the company's electric fleet and enhance its technology platform
HIVED has witnessed 30% month-over-month revenue growth since its debut and previously secured £1.74 million in early funding
The startup uses technology to offer seamless delivery with features such as delivery window ETA, live tracking, in-flight redirect options, and carbon-saving reporting
Co-founders Murvah Iqbal and Mathias Krieger, previously co-founded Vanvas, a London-based van advertising firm
They were named to Forbes’ 30 Under 30 Europe for Technology list this year.