Hived Raises $42M in Series B Funding

| Posted on |

Here’s the summarized information from the provided content:

Startup Information:

  • Startup: Hived
  • Founded: 2021
  • Founders: Murvah Iqbal and Mathias Krieger
  • Location: London, UK
  • Business Model: AI-powered parcel delivery network for e-commerce

Fundraise Information:

  • Funding Round: Series B
  • Date of Fundraise: July 4, 2025
  • Amount Raised: $42 million

Investors/Funds Involved:

  • Lead Investor: NordicNinja
  • Other Participants:
    • Planet A
    • Wex Venture Capital
    • Marunouchi Innovation Partners
    • Elemental Impact
    • Yamato Holdings
    • Future Back Ventures
    • Rocketship VC

Previous Fundraising:

  • Seed Round: 2021
  • Series A: 2023

Key Information:

  • Purpose of Funding: To accelerate UK’s rollout, grow engineering and data team, and scale development of proprietary logistics intelligence platform, HIVEDmind.
  • Parcels Delivered: Over 6.5 million parcels across Greater London for major retail brands such as Nespresso, H&M, Zara, and John Lewis.
  • Team Size: 120+ people, with 20% initially joining as drivers.

Source link

2025-07-04 09:22:03