London-based electric delivery company Hived announces a major partnership with Japan’s Yamato Holdings, securing a £2m investment.
- Hived aims to leverage Yamato’s vast logistics expertise to propel sustainable logistics forward in the UK and Japan.
- Co-founders Murvah Iqbal and Mathias Krieger report rapid growth with high-profile clients already onboard.
- Yamato’s innovation head foresees transformative impacts due to Hived’s digital and electric-focused model.
- The partnership aligns with the UK-Japan Hiroshima Accord’s goals on strategic sustainability collaborations.
London-based electric delivery company Hived has announced a strategic partnership with Japan’s Yamato Holdings, bringing with it an impressive £2m investment. The collaboration between these industry players is set to leverage their expertise and enhance sustainable, tech-driven logistics across both the UK and Japan.
Founded in 2021 by Murvah Iqbal and Mathias Krieger, Hived experiences significant growth, with a reported 20% increase month-on-month and esteemed clients such as Nespresso and Zara. This partnership underscores Hived’s commitment to expanding its outreach via strategic alliances.
Yamato Holdings, a dominant force in Japan’s logistics market, commands 47% of it, handling over 2.3 billion parcels annually. Yasuhiro Saito, Yamato’s head of innovation and investment, expressed excitement about the potential of Hived’s model, which he sees as offering transformative value to customers through its emphasis on digital solutions and electric vehicles.
The partnership also aligns with the Hiroshima Accord signed in 2023 between the UK and Japan, focusing on collaborations within key sectors such as technology and sustainability. This accord highlights the importance of strategic partnerships in facilitating impactful cross-border advancements.
In the context of this deal, co-chief executive Iqbal of Hived remarked on Yamato’s world-leading logistics expertise and the anticipated acceleration in growth and operational improvement for Hived. The mutual objective is to redefine modern delivery services, expanding the scope of possibilities within the sector.
This partnership marks a significant step towards innovative and eco-friendly logistics solutions.
