Tech Company Financing Transactions
Hived Funding Round
On 5/1/2023, Hived landed $12.4 million in Series A investment from Planet A Ventures, Eka Ventures and Maersk Growth.
Transaction Overview
Company Name
Announced On
5/1/2023
Transaction Type
Venture Equity
Amount
$12,400,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to invest further into the team, technology and a new warehouse.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1a Old Nichol St
London, England, E2 7HR
UK
London, England, E2 7HR
UK
Phone
Undisclosed
Website
Email Address
Overview
After meeting on a university trip to Silicon Valley, HIVED co-founders Murvah Iqbal and Mathias Krieger started a data-focused van advertising startup together. When seeing the data on van routes, they quickly realised that the traditional delivery industry was inefficient and polluting and that there was a great need to improve it. With a vision of creating the most sustainable, people-centric, efficient and affordable delivery network ever, Murvah and Mathias founded HIVED to reinvent modern parcel delivery.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Murvah Iqbal
Co-Founder
Mathias Krieger
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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