LIVE
///LATE STAGE • Sociolla • US$ 250M • Commerce///POLICY • Gold Export Duties: Progressive Reference-Price Ladder Kicks In///SERIES A • Hangry • US$ 10.5M • F&B///POLICY • Coal Export Tax 2026: Indonesia Signals a New Resource-Rent Phase///SERIES B • Honest • Undisclosed • Fintech///POLICY • Export FX Repatriation: Proceeds Routed Through State Banks From 2026///SEED • Arummi Foods • US$ 2M • F&B///POLICY • OJK POJK 4/2025: Financial Aggregators Move Into a Licensing Regime///PRE-SEED • IDRX • US$ 300k • Web3///POLICY • Finfluencer Rules: OJK Tightens Conduct Around Securities Marketing///SERIES C • Yup • US$ 32M • Fintech///POLICY • Dormant Accounts: New Standardization Changes Bank Data and Ops///LATE STAGE • Sociolla • US$ 250M • Commerce///POLICY • Gold Export Duties: Progressive Reference-Price Ladder Kicks In///SERIES A • Hangry • US$ 10.5M • F&B///POLICY • Coal Export Tax 2026: Indonesia Signals a New Resource-Rent Phase///SERIES B • Honest • Undisclosed • Fintech///POLICY • Export FX Repatriation: Proceeds Routed Through State Banks From 2026///SEED • Arummi Foods • US$ 2M • F&B///POLICY • OJK POJK 4/2025: Financial Aggregators Move Into a Licensing Regime///PRE-SEED • IDRX • US$ 300k • Web3///POLICY • Finfluencer Rules: OJK Tightens Conduct Around Securities Marketing///SERIES C • Yup • US$ 32M • Fintech///POLICY • Dormant Accounts: New Standardization Changes Bank Data and Ops
Return to DirectoryKopi Kenangan
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Kopi KenanganSeries C
Jakarta| Est. 2017
Series C
Direct coffee sales (primary revenue), app-based ordering for data collection, delivery partnerships, and brand extensions (Cerita Roti bread, Chigo chicken, Kenangan Manis cookies). Tech-enabled operations with IoT and analytics.
Investment Thesis
"Gap between Starbucks pricing and instant coffee creates massive addressable market. Tech-enabled operations (IoT, analytics) with grab-and-go model reducing real estate costs. Hyperlocal flavor adaptation for Indonesian palate."
Recent Signals
- 01$106M revenue (2023), projected $140M (2024).
- 02Sydney store opened April 2025.
- 03Philippines expansion October 2024.
- 04India expansion planned; targeting US IPO.
Key People
- EEdward Tirtanata
- JJames Prananto
- CCynthia Chaerunnisa
Cap Table
Peak XV (Sequoia)Jay-Z's ArriveSerena Williams' Serena VenturesHorizons VenturesB CapitalGICAlpha JWC Ventures Verlinvest
Verified Funding History
| Round | Date | Amount | Participating Investors |
|---|---|---|---|
| Series C | Dec 2021 | US$ 96M | Tybourne Capital, Horizons, Kunlun, B Capital |
| Series B | May 2020 | US$ 109M | Sequoia Capital (lead), B Capital, Horizons Ventures, Alpha JWC |
| Series A+ | Dec 2019 | Undisclosed | Arrive (Roc Nation/Jay-Z), Serena Ventures, Sequoia India |
| Series A | Jun 2019 | US$ 20M | Sequoia Capital India (lead), Alpha JWC Ventures |
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