Zedify attracts £5m investment for national rollout

Electric cargo bike operator Zedify has secured £5m in funds to roll out its low-carbon service across more of the UK.

The first- and last-mile delivery firm said the funds would enable it to open new locations, including in Manchester and Birmingham, and make itself available to 20% of the population.

Zedify relies on cargo bikes in city centres, where LCVs create congestion and air pollution. It started in 2018 and its clients include retail brands, parcel carriers and local independent businesses.

Zedify co-founder and chief executive Rob King said: “Zedify’s model delivers significant carbon reduction in the last mile; a fairer system for workers, which counteracts the gig economy; cleaner, safer deliveries that contribute to healthier, more liveable cities; and more choice for consumers about how and when they receive their parcels.”