Jago Coffee, an Indonesia-based mobile cafe startup, has successfully secured a Series A funding round of US$6 million. The investment was led by Intudo Ventures and BEENEXT Accelerate, with participation from ORZON Ventures and D Global Ventures. The funding is crucial for the cafe startup as it seeks to expand its presence and offerings in […]

Green Rebel, an Indonesian food technology startup, has recently partnered with renowned quick-service restaurants (QSRs) including Starbucks Malaysia and Nando’s Singapore as part of its strategic growth plan. The company plans to expand its presence in the Asia Pacific region. These partnerships come ahead of Green Rebel’s series A financing exercise, scheduled towards the end […]

Indonesia-based hyperlocal online F&B startup, UENA, has secured new funding from existing investor East Ventures and new investor Trihill Capital in a round that closed in Q1 2023. The amount raised was not disclosed. The fresh funding will be used to expand UENA’s locations and services to reach more users and customers. Since launching in […]

Legit Group, a multi-brand cloud kitchen operator in Indonesia, has raised a total of $13.7 million in a Series-A funding round led by MDI Ventures. Other investors in the round included Sinar Mas Digital Ventures, East Ventures, and Winter Capital. The company plans to use the funds to expand its operations beyond Jabodetabek and innovate […]

Indonesia-based mobile cafe startup Jago has raised $2.2 million in Pre-Series A round of financing led by Intudo Ventures and BEENEXT, with participation from CyberAgent Capital, and Arkblu Capital. The round was oversubscribed. Launched in June 2020, Jago is a mobile café powering micro mobile retail—meeting customers whenever they want—wherever they want. With a fleet […]

Indonesian-based food tech startup OFF FOODS announced raising $1.7 million in a seed funding round led by Alpha JWC Ventures and participated by Global Founders Capital (GFC) and other strategic investors, including Creative Gorilla Capital, Lemonilo, and United Family Capital (UFC). Founded in 2021 by serial entrepreneur Dominik Laurus and experienced plant-based businessman Jhameson Ko, […]

Indonesia’s fastest-growing F&B retail chain, popular for its great-tasting coffee, has raised US$96 million in a Series C funding round led by Tybourne Capital Management along with participation from Falcon Edge Capital and existing investors Kunlun, Horizon Ventures, and B Capital. The fresh funding takes Kopi Kenangan’s valuation to US$1 billion making it the first […]