British Start-Up Fin Delivery Seeks £5m Investment to Expand Carbon-Neutral Delivery Operations

Fin Delivery, a British carbon-zero delivery start-up, is seeking to raise £5m from investors to expand its operations.

The company uses micro-fulfilment hubs, e-cargo bikes, and other carbon-neutral vehicles to deliver parcels, and aims to reduce congestion and pollution in cities.

The company is co-founded by Rich Pleeth, a former Google and Gett executive, and Scott Murphy, previously of Revel and FlyOtto.

Fin Delivery is on track to deliver 10,000 parcels a day by the third quarter of the year and has secured contracts with prominent e-commerce companies, but declined to name them.

The company operates in London, where a recent report revealed that all London boroughs are breaching World Health Organization guidelines for nitrogen dioxide (NO2) levels.