Yamato Holdings Co., Ltd. (Headquarters: Chuo-ku, Tokyo; Representative Director and President:Yutaka Nagao) announces that, through the KURONEKO Innovation Fund II (“KIF II”) (Operator:Global Brain Corporation), it has made an additional investment in HIVED Ltd. (Headquarters:London, United Kingdom; Co-CEOs: Murvah Iqbal and Mathias Krieger), a provider of efficient and sustainable data-driven delivery services.

HIVED is a parcel delivery and logistics company based in the United Kingdom, where it provides sustainable and efficient delivery services using advanced data analysis technology, cutting-edge software, and an all-electric vehicle fleet. The company has earned high praise from environmentally conscious businesses and consumers for its rapid and high-quality delivery services, which also reduce CO2 emissions. Furthermore, due to an increase in the number of contracts with major European e-commerce operators, HIVED has added a new base in London and launched a new middle-mile network served by electric vehicles. This has created the first logistics network in the U.K. to serve all middle-mile transportation and deliveries entirely with EVs.

HIVED’s steady business expansion and future growth potential have met with a strong evaluation from KIF II, which has now made an additional investment in the U.K.-based company. Going forward, the two organizations will maintain their exchange of technologies and insights in areas such as eco-friendly delivery and operational efficiency, with the aim of building a sustainable logistics system that is considerate of both the environment and society.