Hangry, an Indonesian cloud cooking area start-up with plans to end up being a worldwide F&B company, closes $13M Series A

by RJ Shara | May 3, 2021 | Fundings and Exit, Startups

Hangry, an Indonesian cloud cooking area start-up that wishes to become an international food and drink company, has actually raised a $13 million Series A. The round was led by returning financier Alpha JWC Ventures, and consisted of involvement from Atlas Pacific Capital, Salt Ventures and Heyokha Brothers. It will be utilized to increase the number of Hangry’s […] Founded in 2019 by Abraham Viktor, Robin Tan and Andreas Resha, Hangry is part of Indonesia’s blossoming cloud kitchen area industry. One of the main ways Hangry sets itself apart is by focusing on its own brand names, rather of providing kitchen area facilities and services to restaurants and other third-party customers. Hangry currently has 4 brand names, consisting of Indonesian chicken meals (Ayam Koplo) and Japanese food (San Gyu), that cost about 15,000 to 70,000 IDR per portion (or about$1 to$6 USD).”Given that Hangry has actually established an extensive cloud cooking area network across Indonesia, we naturally would have interest from other brand names to leverage our networks,” primary executive officer Viktor informed TechCrunch. …