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Vilnius-based delivery company using electric cargo bikes for same-day and scheduled logistics across the Baltic states.
Founded in 2017 in Vilnius, Lithuania, Miesto Logistika provides on-demand, same-day and scheduled deliveries by electric cargo bike for businesses such as e-commerce companies and local flower shops. It operates in Lithuania, Latvia and Estonia. The company raised EUR 2.2 million in Seed funding on June 30, 2020, with investment from NordicNinja VC and other partners. It reported 2021 revenue of EUR 2,370,654.30, with EBITDA of EUR -3,951,322, and plans to enter additional Baltic markets by 2023.
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