Relay, a European startup inspired by Asia’s asset-light logistics model, secured $35M in Series A to scale its AI-driven, on-demand parcel delivery service. The company’s innovative approach replaces fixed, depot-based routes with dynamic matching of couriers to delivery routes using mini-depots and e-bikes, significantly reducing carbon emissions and operational inefficiencies. By leveraging computer vision for enhanced proof-of-delivery and courier training, Relay is poised to disrupt traditional parcel delivery systems across major U.K. cities amid rising global e-commerce demand.
Europe’s Relay Pulls in $35M After Applying Asia’s E-commerce Delivery Model
