Last-mile delivery start-up Fin raising funds for carbon-zero logistics

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Last-mile delivery start-up Fin raising funds for carbon-zero logistics
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Fin Delivery, founded by Rich Pleeth and Scott Murphy, is in talks to raise £5m from investors to fund its expansion, Sky News understands.

A British carbon-zero delivery start-up co-founded by a former Google executive is in talks to secure millions of pounds to fuel its expansion

Fin uses micro-fulfilment hubs, e-cargo bikes and other carbon-neutral vehicles to deliver parcels - a growing area in a sector whose economics are constantly shifting amid inflationary pressures and intense competition. It believes it can exploit operational inefficiencies which beset traditional delivery companies, while making a virtue of the fact that it does not contribute to the industry's pollution problem.

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