{
  "id": 19307549,
  "title": "PORT raises €14.5M to take urban logistics from e-bikes to autonomous robots",
  "url": "https://urgent.news/2026/11/10/port-raises-14-5m-to-take-urban-logistics-from-e-bikes-to-autonomous",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-10T07:30:00.000Z",
  "source": {
    "name": "Tech.eu",
    "slug": "tech-eu",
    "url": "https://tech.eu/2026/11/10/port-raises-eur145m-to-take-urban-logistics-from-e-bikes-to-autonomous-robots/"
  },
  "original_language": "en",
  "account": "Urban logistics startup PORT has secured €14.5 million in funding, led by the European Bank for Reconstruction and Development (EBRD) and Balnord, to expand its autonomous technology from e-bikes to robots. This financing brings the company's total funding to €29 million, following a previous €14.5 million investment. Founded in 2020 by CEO Kamil Suda, PORT operates a network of microhubs and charging stations across the UK, offering e-bike subscriptions for delivery couriers. The company currently serves over 50,000 couriers with a fleet of approximately 3,500 e-bikes. PORT's infrastructure comprises 24 microhubs across London, Manchester, and Birmingham, covering around 52,000 square feet of urban space. The company is developing AI-driven autonomous delivery vehicles, using data from its e-bike fleet to train its AI Driver. PORT plans to collaborate with Royal Mail to introduce a robotic delivery system, leveraging its existing infrastructure and AI capabilities. The funding will support the development of PORT's AI Driver and autonomous delivery vehicles, as well as expansion of its logistics operations.",
  "summary": "Urban logistics company PORT has raised €14.5 million in afunding round led by the European Bank for Reconstruction and Development(EBRD) and Balnord, with participation from existing and new investor...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}