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Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

Rui Ma Contributor Rui Ma is a partner with 500Startups based in Beijing. More posts by this contributor Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years Working With A Chinese Factory, Hardware Entrepreneur Edition China’s e-commerce and industrial ecosystem is as different from the Western world as its culture. […]

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India’s BlackBuck valued at $1 billion in $67 million fundraise

India’s trucking system has a big inefficiency problem that continues to drag the economy. BlackBuck, one of the handful of logistics startups that is trying to overhaul this system, has just attained the unicorn status after securing new funds. Tribe Capital, IFC Emerging Asia Fund and VEF led the $67 million Series E financing round […]

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Austin-based Fetch Package secures $60M in equity & debt after tripling ARR in 2020

Fetch Package, a last-mile package delivery company for apartment communities, has raised $50 million in a Series C round of funding and closed on a $10 million venture debt facility. Michael Patton founded Fetch in May 2016 after being frustrated by having packages lost at the apartment community in which he was living.  “I took […]

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Revel turns to software to keep its e-moped fleet powered without straining NYC’s grid

Revel is turning to an app that gamifies energy use to keep its fleet of more than 3,000 electric mopeds charged without putting a strain on New York City’s power grid. Electricity is the key ingredient for the Brooklyn-based startup, which has more recently expanded beyond shared electric mopeds and into e-bike subscriptions, fast-charging infrastructure […]

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