An electrical cargo bike logistics firm which counts the style large Zara amongst its companions has launched an pressing hunt for brand spanking new backers.
Sky Information has learnt that Zedify, which has raised tens of millions of kilos from buyers together with Barclays Sustainable Influence Capital, is working with Interpath Advisory on a evaluation of its financing choices.
Zedify claims to be the UK’s largest cargo bike logistics firm.
It’s stated to be exploring choices to safe new funding on an accelerated foundation.
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Based in 2018, the corporate works with retail manufacturers, in addition to parcel carriers and impartial companies, to supply sustainable deliveries utilizing cargo bikes.
Zedify operates from 10 logistics hubs throughout the UK, with the newest launched in Birmingham in the beginning of November.
It says it goals to be lively in 50 UK cities within the subsequent 5 years. The corporate employs about 130 individuals.
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Rob King, Zedify’s co-founder and chief govt officer, stated: “As we proceed with our mission of disrupting the normal logistics mannequin by making a extra sustainable different to last-mile supply providers, we’re in search of funding companions who can assist us as we proceed to scale our enterprise, supporting extra prospects in extra cities across the UK.”
Different present Zedify backers embody Inexperienced Angel Syndicate and Prova.
