HIVED Raises £31m to Drive AI-Powered Delivery Expansion
Deal News | Jul 03, 2025 | UK Tech Funding
HIVED, an AI-powered delivery service, has raised £31m in a Series B funding round to accelerate its expansion across the UK, enhance hiring and develop its proprietary logistics platform, HIVEDmind. This follows previous funding rounds in 2021 and 2023. The Series B round was led by Japanese venture capital firm NordicNinja, with participation from investors like Planet A and Future Back Ventures by Bain & Co. HIVED’s logistics platform utilizes AI and real-time data to optimize connections amongst retailers, warehouses, and customers. Under the leadership of co-founder and CEO Murvah Iqbal, HIVED aims to make exceptional delivery standards commonplace. Since its inception, the company has delivered over 6.5 million parcels for brands like John Lewis and Zara, and has reimagined delivery systems by placing technology at the forefront.
Sectors
- Logistics and Supply Chain
- Technology and Artificial Intelligence
- Venture Capital
Geography
- United Kingdom – The expansion and development efforts of HIVED will occur within the UK, the primary operational geography of the company.
- Japan – Japanese venture capital firm NordicNinja led the funding round, indicating its international investment interest and influence.
Industry
- Logistics and Supply Chain – The industry focuses on optimizing the movement, storage, and flow of goods and services, which is the core service provided by HIVED.
- Technology and Artificial Intelligence – HIVED leverages AI and real-time data in its proprietary logistics platform, demonstrating a strong reliance on technology and AI solutions.
- Venture Capital – The article discusses a funding round led by venture capital firms, showcasing the financial and investment support pivotal in startup growth.
Financials
- £31m – Series B funding amount raised by HIVED.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| HIVED | Target Company | Company | An AI-powered delivery service focused on leveraging technology to optimize logistics. |
| NordicNinja | Lead Investor | Company | A Japanese venture capital firm leading the Series B funding round for HIVED. |
| Planet A | Investor | Company | An investment firm participating in the Series B funding round for HIVED. |
| Future Back Ventures by Bain & Co. | Investor | Company | An investment arm of Bain & Co, participating in the Series B funding round for HIVED. |
| Murvah Iqbal | Co-founder and Chief Executive | Person | CEO of HIVED, emphasizing technology-driven development in logistics. |
| Tomosaku Sohara | Managing Partner | Person | A managing partner at NordicNinja, praised HIVED’s innovative delivery system. |