UK-based AI-driven parcel delivery startup Hived raises $42M
· Source: siliconangle.com
In short
London-based parcel delivery startup Hived Ltd. has raised $42 million in Series B funding to expand its AI-driven logistics platform, HIVEDmind. The platform optimizes delivery routes and warehouse sorting, achieving 99% on-time delivery for clients like John Lewis and Nespresso. Hived also operates a fully electric fleet, emphasizing sustainability in its operations.
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Tags: logistics, automation, sustainability, ecommerce, delivery, AI