#London #United Kingdom #Yamato Holdings #HIVED Ltd. #KURONEKO Innovation Fund

HIVED Ltd. Secures Funding for Sustainable Growth

In a significant move towards expanding eco-friendly logistics, Yamato Holdings, headquartered in Chuo-ku, Tokyo, has announced additional funding for HIVED Ltd., a UK-based startup focused on sustainable delivery services utilizing electric vehicles (EV). The funding has been initiated through the company's KURONEKO Innovation Fund 2 (KIF2), managed by Global Brain Corporation.

HIVED was established in August 2021 and has rapidly emerged as a trailblazer in the logistics technology sector. It is dedicated to providing delivery services that are not only efficient but also contribute positively to the environment. By deploying an entire fleet of electric vehicles, HIVED combines advanced data analytics and cutting-edge software to enhance delivery speed and service quality while significantly reducing carbon emissions.

The environmental benefits of HIVED’s operations have attracted attention from various businesses and consumers conscious about sustainability. Their innovative approach caters especially to eco-aware companies and clientele, earning them high commendations in the market.

HIVED's recent growth trajectory has led to increased contracts with major e-commerce players across Europe. To accommodate this rising demand, the company is expanding its operational base within London and has initiated inter-base transportation using electric vehicles. This expansion marks a notable milestone as the UK’s first logistics network to operate all its inter-base transfers and deliveries using electric vehicles, further underlining its commitment to sustainability.

Yamato Holdings, through its KURONEKO Innovation Fund, has recognized the potential for long-term growth in HIVED's business model. The partnership aims to leverage both companies' technologies and expertise to promote environmentally and socially-conscious logistics solutions. The mutual exchange of knowledge is expected to enhance operational efficiencies and ensure that delivery services maintain an acute awareness of their environmental impact.

HIVED, co-led by joint CEOs Murvah Iqbal and Mathias Krieger, continues to prioritize its sustainability mission by ensuring 100% of its delivery operations are dependent on electric vehicles. The company’s website, www.hived.space, offers further insights into their innovative services and ongoing initiatives.

By integrating advanced technologies and environmentally friendly practices, HIVED is paving the way for a new standard in sustainable logistics. The additional funding from Yamato Holdings represents a commitment to a future where delivery services not only thrive but also contribute positively to the planet.

For further reference, press releases by Yamato Holdings detail their strategic approach to sustainable delivery services. Notably, you can access the respective announcements regarding the investment in HIVED here and their launch of the KURONEKO Innovation Fund here.

In a world increasingly aware of the need for sustainable practices, innovations by companies like HIVED symbolize a forward-thinking approach to logistics that other industries might well adopt.