Zedify secures £1.2m in funding for expansion

UK e-cargo-bike last mile delivery company Zedify has raised £1.2 million in funding to expand its reach beyond the nine cities it currently operates out of.

Zedify uses a mixture of micro-consolidation, e-cargo-bike final yard delivery and innovative software to both reduce the numbers of its vehicles on the road and to make zero-emissions deliveries. The company points out that congestion is a major factor in pollution and simply swapping out diesel engined vans for EVs won’t resolve the overall problem.

The company aims to have 45 hubs across the UK within four years. Zedify’s CEO and Co-founder, Rob King said, “We are honoured and delighted by the latest raise for Zedify which will enable us to continue our ambitious growth plans to expand our sustainable and ethical delivery service. The investment is another indicator of the huge potential for revolutionising the way deliveries are done in cities. We must act quickly in the UK if we’re to make good our net zero goals and give all city dwellers the clean air and liveable cities they deserve. ”

The funding round was led by the Green Angel Syndicate. British Business Bank, One Planet Capital and various angel groups supported the investment round too. Cam Ross, CEO of GAS said: “We first invested in Zedify in 2020, and it was evident then that Rob and Sam and their teams were building something special. Zedify’s model is terrific – not only do they improve air quality and reduce CO2 emissions in city centres, but their operation can be deployed quickly into new cities. I am really looking forward to seeing which cities are next!”

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