PORT announced €14.5 million in funding on 9 or 10 November 2026, according to Dealroom News, Tech.eu, IT Brief UK, MyCompany Polska and StartupRise; Dealroom’s report is timestamped 9 November and the others are dated 10 November. The European Bank for Reconstruction and Development (EBRD) and Balnord led the round. Dealroom, IT Brief UK and MyCompany Polska describe it as a mix of equity and debt without giving the split, while StartupRise says the report does not state whether it is equity or debt. No round label was given, “new and existing investors” took part without being named, and the valuation was not disclosed. Lens found no release from PORT, the EBRD or Balnord; these outlets carry the same company-supplied facts and quotes.

Funding and plans

Dealroom, Tech.eu and IT Brief UK report total investment of €29 million including this round, after an earlier €14.5 million across pre-seed and seed rounds. The money is meant to fund software the company calls the AI Driver, to run its own delivery robots, along with hiring in research and AI and expanding its autonomous logistics network. Dealroom and IT Brief UK report a first site outside the UK planned in central Paris before the end of 2026. Founder and chief executive Kamil Suda is quoted as saying: “We have spent years building that foundation.”

What PORT does

PORT, founded in 2020, runs an e-bike subscription for couriers that covers the vehicle, parking, charging, servicing and software through a network of micro-hubs and charging stations in London, Manchester and Birmingham; it also delivers parcels by cargo bike. Dealroom reports that part of the fleet carries NVIDIA-powered cameras and lidar that collect delivery data to train the AI Driver. Royal Mail is described differently: Dealroom says PORT is lining up Royal Mail as a partner for a next-phase robotic delivery system, while IT Brief UK and MyCompany Polska say Royal Mail is already working with PORT on one, without terms. Jack Clarkson, managing director of Out-of-Home at Royal Mail, is quoted by IT Brief UK as saying: “We want to be at the forefront of this last-mile innovation, and look forward to continuing and deepening our partnership.”

Company claims

These figures come from the company through the outlets and have not been independently verified. They report 24 micro-hubs across three cities (PORT’s website lists 20 hubs in London, and may not be up to date), about 52,000 square feet of space, more than 50,000 couriers (IT Brief UK says registered riders, Dealroom says served), about 3,500 e-bikes, more than 50 million kilometres covered since 2024, 76 employees, and cargo bikes that have delivered more than 300,000 parcels with about 90% lower emissions than an equivalent diesel van. No robot launch date was given.

Sources and notes

Sources: Dealroom News, Tech.eu (Tamara Djurickovic), IT Brief UK (Karen Joy Bacudo), MyCompany Polska (Katarzyna Krogulec, in Polish) and StartupRise, and the TechStartups roundup. FinSMEs’ report could not be opened. The outlets differ on the announcement date, on whether Royal Mail is an existing or prospective partner and on the equity and debt split, and Lens did not verify the hub, courier or fleet figures.

Image: A Dutch “Oplaadpunt” (charging point) sign with an electric-bicycle pictogram at a hospital in Hoogeveen, Netherlands, photographed in January 2020. Photo: Donald Trung Quoc Don, CC BY-SA 4.0, via Wikimedia Commons (cropped). Stand-in image; it does not show PORT’s hubs or couriers.