Pfvn What s Your Story
Like Uber and other ride-hailing platforms, Kolors doesn ;t own any of its own vehicles, but rather partners with small and medium-sized bus operators that are already running scheduled services. And like Southwest and other airlines, passengers are coddled by a bus attendant, a Kolors employee who checks in passengers, accepts payments of cash when needed, and sells snacks and drinks.In emerging markets, similar products are creeping up to address what Kolors CEO and co-founder Rodrigo Mart铆nez
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says is something of an antiquated industry. In Africa and the Middle East, Treepz and Swvl use a similar model for both
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intra- and intercity bus travel, minus the bus attendant. Part of the push to digitalize the bus industry is because the technology exists now. But as GDP in emerging markets rises, so do the expectations of consumers for higher-quality products, making busing, the lifeblood of countries like Mexico, the perfect industry to disrupt. People are wanting more, they
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8 Ynel How deep tech founders can secure early-stage fundraising in a downturn
Generate Capital, the renewable energy infrastructure investor, has raised more than $1 billion for new projects from a group of investors focuse
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d on infrastructure, including AustralianSuper, QIC, Railways Pension, among others.The new financing fuels project development for sustainable infrastructure that serves more than 400 companies, universities, school districts, and non-profits across North America. Over the last five years, Generate has built more than $1 billion in sustainable projects in the energy, waste, water and transportation industries.Alongside the funding, Generate announced Richard Kauffman, a former New York State Energy Research and Development Authority chairman, and Lynn Jurich, the co-founder and chief executive of Sunrun, as additions to its board of directo
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rs.The investment and project development firm partners with project developers on battery storage, community, commercial and indu
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strial solar energy; energy efficiency; vehicle electrification; fuel cells;