Zedify raises over £300k from Green Angel Syndicate and private investors to scale its urban delivery network
Green Angel Syndicate led the first external funding round to support technology upgrades and depot expansion.
Zedify operates a network of zero-emission urban delivery services across the United Kingdom using electric cargo bikes and local depots.
Zedify has raised over £300k in its first external funding round from a group of private backers led by Green Angel Syndicate. The company provides zero-emission last-mile logistics in urban areas using a network of electric trikes and local depots. The capital will be allocated towards upgrading the firm's technology platform and expanding the national team across sales, marketing, and operations. The business aims to scale its network from eight to 20 operational depots by 2022.
From the founder
"We are thrilled to have won the trust and confidence of GAS and other investors, and are buoyed by the ever-growing potential for our unique model of smart, consolidated urban deliveries. This funding will unlock our ambitious plans for innovation and growth as we continue to demonstrate how deliveries, when done well, can contribute positively to the communities we serve."
Sam Keam
Co-founder at Zedify
Investor perspective
"Zedify is tackling a very serious problem, air pollution and carbon emissions in cities, in a huge, fast-growing market – local deliveries. The company has developed an efficient and differentiated solution, combining electric trikes and local depots. Zedify already shows serious traction and its franchise model will enable for rapid growth. I am really humbled and excited by this opportunity to support Rob, Sam and the team, who combine a great sense of purpose and a very successful track record in the market."
Antoine Pradayrol
Director, Green Angel Syndicate
Use of funds
- 01Grow the team
- 02Continue product development
- 03Build out infrastructure