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Zedify eCargo Bike Logistics Company in UK Fails to Secure New Funding and Declares Insolvency

February 3, 2025 - Zedify, a pioneer in electric cargo bike logistics that operates from 10 logistics hubs across the UK, failed to find new funding and is in administration with Interpath handling its insolvency reports Sky News and other outlets.

Zedify, a pioneer in electric cargo bike logistics, declares insolvency. ©

Founded in 2015, its backers included Barclays, Green Angel Syndicate and Prova – including $5 million US in funding secured in July 2024 – and with partners such as fashion giant Zara, Zedify claimed to operate the UK’s largest network of its kind and aimed to be active in 50 UK cities.

The company employed about 150 people and its hubs in Cambridge and Edinburgh remain operational, with 38 employees retained.

Read the full report here.

Posted in eNews

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