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Missfresh Limited operates an integrated online-and-offline retail business, specializing in fresh produce and fast-moving consumer goods. The company delivers these products through its mobile-based platform, utilizing a Distributed Mini Warehouse (DMW) model. This infrastructure enables efficient, instant delivery services, bringing groceries directly to consumers from localized micro-warehouses.
Missfresh was established in November 2014 by Xu Zheng and Zeng Bin. Their foundational insight identified a strong demand for convenient access to fresh food and daily necessities in urban environments. They aimed to streamline the traditional grocery supply chain by pioneering the "front warehouse" model, enabling rapid order fulfillment and an enhanced customer experience.
The company primarily serves urban consumers prioritizing convenience and speed in their grocery shopping. Missfresh's vision centers on transforming neighborhood retail by continuously optimizing its digital platform and intelligent logistics network. It strives to offer a high-quality, instant delivery service, anticipating and meeting evolving consumer needs for fresh and essential goods.
MissFresh has raised $744.3M across 3 funding rounds.
MissFresh has raised $744.3M in total across 3 funding rounds.
MissFresh has raised $744.3M in total across 3 funding rounds.
MissFresh's investors include Qingdao Municipality Guidance Fund, Sunshine Ventures, CICC Capital, Abu Dhabi Capital Group, Changshu County, ICBC International, Tencent, Tiger Global, PENG Zhijian, Pengfei Wang, Time Capital.
Missfresh Limited operates an integrated online-and-offline retail business, specializing in fresh produce and fast-moving consumer goods. The company delivers these products through its mobile-based platform, utilizing a Distributed Mini Warehouse (DMW) model. This infrastructure enables efficient, instant delivery services, bringing groceries directly to consumers from localized micro-warehouses.
Missfresh was established in November 2014 by Xu Zheng and Zeng Bin. Their foundational insight identified a strong demand for convenient access to fresh food and daily necessities in urban environments. They aimed to streamline the traditional grocery supply chain by pioneering the "front warehouse" model, enabling rapid order fulfillment and an enhanced customer experience.
The company primarily serves urban consumers prioritizing convenience and speed in their grocery shopping. Missfresh's vision centers on transforming neighborhood retail by continuously optimizing its digital platform and intelligent logistics network. It strives to offer a high-quality, instant delivery service, anticipating and meeting evolving consumer needs for fresh and essential goods.
MissFresh has raised $744.3M across 3 funding rounds. Most recently, it raised $19.3M Other Equity in December 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 14, 2020 | $19.3M Other Equity | Qingdao Municipality Guidance Fund, Sunshine Ventures | |
| Jul 22, 2020 | $495.0M Other Equity | CICC Capital | Abu Dhabi Capital Group, Changshu County, ICBC International, Tencent, Tiger Global |
| Sep 21, 2017 | $230.0M Series C | PENG Zhijian, Pengfei Wang | Time Capital |