Zedify Raises $6,097,000 to Support Expansion and Growth of Cargo Bike Delivery Service.
March 21, 2023
Cambridge, Cambridgeshire - Zedify, an award-winning cargo bike delivery service based in 10 cities around the UK, is proud to announce it has secured $6.097 million in funding from Barclays, Mercia Asset Management, and Green Angel Syndicate.
Co-Founded by Rob King, Zedify has been transforming cities one pedal at a time with its cargo bike delivery service. It currently serves amazing clients such as Rituals, ZARA, Freddie's Flowers and Grubby from depots located in London (Hoxton & Waltham Forest), Glasgow, Bristol, Cambridge, Brighton, Norwich, Southampton Winchester, and Edinburgh.
The company will use the new funds to expand its operations into more cities across the UK and Europe and continue to innovate within the transportation logistics supply chain and storage industry.
Rob King commented on this latest investment round: "We are delighted to have secured this level of investment from Barclays, Mercia Asset Management, and Green Angel Syndicate. This support allows us to accelerate our growth plans while continuing our commitment to reducing carbon emissions through sustainable delivery."
This latest development marks yet another significant milestone for Zedify as they look ahead toward an exciting future of continued expansion across the transportation logistics supply chain and storage industry.