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 traders together with Barclays Sustainable Impression Capital, is working with Interpath Advisory on a overview of its financing choices.
Zedify claims to be the UK’s largest cargo bike logistics firm.
It’s mentioned 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 unbiased companies, to supply sustainable deliveries utilizing cargo bikes.
Zedify operates from 10 logistics hubs throughout the UK, with the most recent launched in Birmingham firstly of November.
It says it goals to be energetic in 50 UK cities within the subsequent 5 years. The corporate employs about 130 folks.
Rob King, Zedify’s co-founder and chief govt officer, mentioned: “As we proceed with our mission of disrupting the standard logistics mannequin by making a extra sustainable various to last-mile supply companies, we’re in search of funding companions who can help us as we proceed to scale our enterprise, supporting extra clients in further cities across the UK.”
Different present Zedify backers embody Inexperienced Angel Syndicate and Prova.
