Indonesia’s Jago Coffee secures $6m to expand its mobile coffee carts
Tech in Asia·2024-04-18 11:00
Jago Coffee founders (from left) Yoshua Tanu, Daniel Sidik, and Christopher Oentojo / Photo credit: Jago Coffee
After some pandemic-related bumps, the Indonesian coffee industry has regained its momentum lately. Players like Fore Coffee and Kopi Kenangan have been expanding to countries like Singapore and Malaysia, while JumpStart Coffee secured funding last year.
Joining the latter is “mobile cafe” company Jago Coffee, which has secured US$6 million in a series A investment. Beenext Accelerate and Intudo Ventures led the round, with Orzon Ventures and D Global Ventures participating.
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