Tech Company Financing Transactions
Zedify Funding Round
Zedify, based in Cambridge, England, received $5.1 million from Barclays Sustainable and Impact Banking, Green Angel Syndicate and Mercia Ventures.
Transaction Overview
Company Name
Announced On
7/2/2024
Transaction Type
Venture Equity
Amount
$5,100,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand into more cities in the UK including the launch of a new Midlands hub later this year, to enhance its technology, and expand its teams of riders, sales and customer care staff.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
The Bike Depot 140 Cowley Road
Cambridge, England, CB4 0DL
UK
Cambridge, England, CB4 0DL
UK
Phone
Website
Email Address
Overview
We do this by pioneering and normalising the use of hyperlocal microhubs and zero emission vehicles for deliveries within cities. Based in 10 cities around the UK, Zedify is an award-winning cargo bike delivery service, transforming cities one pedal at a time. We deliver for amazing clients like Rituals, ZARA, Freddie's Flowers and Grubby. Find out more about deliveries for your business on zedify.co.uk.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert King
Co-Founder
Samuel Keam
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