Cargo bike delivery company Zedify raises £5 mln for UK roll-out

CAMBRIDGE, UK – Zedify, an electric cargo bike delivery network in the UK, has secured a £5 million (€5.7 mln) investment to expand its low carbon service. The funding will be used to expand its operations making it available to around 20% of the UK population. Developing an own vehicle in-house is also on the cards.