Yamato, Japan’s largest delivery company, will invest £2m (US$2.6m) in UK-based all-electric delivery startup Hived as part of a strategic partnership to advance sustainable and tech-driven logistics across both the UK and Japan.
The partnership paves the way for an ongoing exchange of ideas and best practices between Hived and Yamato, blending expertise gained in two of the world’s most sophisticated e-commerce and delivery markets.
Murvah Iqbal, CEO and co-founder of Hived, said, “This partnership represents a game changing moment for Hived. As a world-leader in logistics, Yamato brings a wealth of knowledge and experience that will accelerate our growth and improve our operations. We are excited about what the future holds as, together, we seek to push the boundaries of what modern delivery services can offer.”
The collaboration also aligns with the goals of the Hiroshima Accord between the UK and Japan, signed in 2023, which focuses on greater collaboration and investment across key strategic sectors, such as technology and sustainability.
Yasuhiro Saito, head of innovation and investment at Yamato Holdings, said, “We are excited to partner with and invest in Hived, recognizing the future potential of its delivery network centered on digital and electric vehicle solutions. We believe Hived’s model will offer customers new value and a transformative delivery experience. As partners, we aim to collaborate closely, exchanging business insights to drive growth together.”