UK-based Sustainable Logistics Platform Hived Raised $42 Million in Series B

Led by founders Murvah Iqbal(CEO) and Mathias Krieger(CPO), Hived has raised $42 Million in Series B led by NordicNinja with strong participation from the existing investors including Planet A, Wex Venture Capital, Marunouchi Innovation Partners, Elemental Impact, Yamato Holdings, Future Back Ventures by Bain and Co as well as Rocketship VC.

HIVED has raised a Series B round to accelerate its UK expansion, scale its all-electric delivery network, and enhance HIVEDmind—its proprietary AI-powered logistics intelligence platform. Unlike legacy couriers retrofitting systems for e-commerce, HIVED was purpose-built for it.

The company has already delivered over 6.5 million parcels in Greater London for brands like John Lewis, Nespresso, Uniqlo, and Zara, achieving 99% on-time delivery. The new funding will support hiring, rollout in new cities, and continued development of its end-to-end, fully synchronised delivery infrastructure.