- Sustainable delivery pioneers, Zedify, have raised £1.2M to support regional growth across the UK
- The investment was led by Green Angel Syndicate (GAS) and supported by the British Business Bank, One Planet Capital, and other investors
- Zedify are disrupting the urban delivery market with their innovative network of sustainable last mile delivery hubs, and currently operate out of 9 UK cities
Zedify has consolidated its position in cargo bike logistics, now, it’s looking to capitalise on the platform to cut through a crowded urban logistics market with a clean fleet unlike any other in the UK. Zedify - ‘Zero Emission Urban Logistics’ - has undoubtedly been a ‘pandemic winner,’ not least least the beneficiary of clean air initiatives that has seen mobility and ecommerce really take off. The round is no surprise with sustainable urban logistics set to remain an important focus of investor attention, according to Fleet News.
The World Economic Forum (WEF) predicts demand for last mile delivery will grow 78% by 2030. This will lead to 36% more delivery vehicles and a related emissions rise of over 30%, not to mention issues of increased congestion. Simply swapping out diesel vans for EVs isn’t enough to tackle acute congestion or net zero.
There is an enormous market opportunity to provide urban deliveries that are clean, flexible and competitive, and this investment shows a confidence in Zedify to rapidly expand. Retailers, parcel carriers, DTC brands and vibrant, local businesses are among those Zedify touts as customers and credits for growth in demand.
Over the next 4 years, Zedify aims to expand to over 45 hubs, becoming the leading sustainable delivery network for cities. The funding will be used to continue to develop Zedify’s technology, expand into new cities and develop further partnerships with local and national brands.
Zedify’s model of consolidation using ‘microhubs’ coupled with ecargo bikes means it can offer faster and more flexible deliveries for customers. Zedify claims the citywide benefits are evident with reduced congestion, carbon savings, noise and air pollution improvements through the use of specialist city vehicles.
Commenting on the follow-on investment of Green Angel Syndicate (GAS) its CEO, Cam Ross said: “Zedify’s model… can be deployed quickly into new cities [to improve air quality and reduce CO2 emissions in city centres].” Zedify’s CEO and Co-founder, Rob King said of the fundraise:
“The investment [in our sustainable and ethical delivery service] 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.”
Further background/Since their initial seed round in 2020, Zedify have delivered over 800,000 parcels, claiming to save over 550 tonnes of CO2. Zedify has increased operational capacity in London, expanded its central team, opened in Bristol, tripled its annualised run rate and been crowned ‘Urban Delivery Operator of the Year’ at the Motor Transport Awards.
Zedify was founded in 2018 by Rob King and Sam Keam. Rob launched the UK’s first commercial cargo bike delivery service in 2005 in Cambridge and both are committed to shaking up the logistics sector to create healthier, cleaner and more liveable cities that are better for everyone.