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001122334455554433221100

ridelogix secures funding to revolutionize urban retail logistics sustainably

Ridelogix, co-founded by Lili and Serhat Kyuchuk-Pakyuz, has secured pre-seed funding from Bethnal Green Ventures to enhance its intelligent inventory management and e-cargo bike delivery system, aimed at improving urban retail logistics and sustainability. The startup addresses significant retail challenges, including waste and inventory distortion, which cost retailers $1.77 trillion in 2023. With over 5,000 zero-emissions deliveries completed, Ridelogix seeks to become the operating system for efficient urban inventory replenishment, responding to strong retailer interest and expanding its services.
Tech Funding News
United States Dollar Amazon.com, Inc. MSB Global Capital Corp. British Business Bank plc Bethnal Green Ventures LLP OAKLEY CAPITAL INV The Goldman Sachs Group, Inc. GBR Lili Kyuchuk-pakyuz Show more
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07:02 27.03.2025
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