HIVED, an eCommerce logistics platform, has raised $42 million in new funding for its all-electric delivery network.
The U.K.-based company aims to scale nationwide using the Series B funding.
HIVED's parcel delivery network is built explicitly for eCommerce, utilizing AI, real-time data, and modern architecture for efficient operations.
The company's innovative approach aims to enhance the eCommerce experience by focusing on seamless, AI-driven interactions between retailers, warehouses, drivers, and end customers.