UENA raised new funding co-led by East Ventures and Trihill Capital, aiming to expand the hyperlocal F&B for daily food
UENA, a hyperlocal online F&B startup based in Indonesia, has raised an undisclosed amount of new funding co-led by the existing investor, East Ventures, and the new investor from Trihill Capital. This new round, that was closed in Q1 2023, strengthens UENA’s balance sheet following the seed funding raised in September 2022. The fund will be used to continue expanding the locations and services to reach more users and customers.
Runchise raised seed funding led by East Ventures
Runchise, a restaurant management startup and culinary franchise in Indonesia, has officially launched its online application to increase operational efficiency and profit for restaurant or franchise owners, especially in the culinary field. At the same time, Runchise announced the completion of seed funding led by East Ventures.
UENA, a hyperlocal online F&B startup, raised Seed funding led by East Ventures
UENA, a hyperlocal online F&B startup based in Indonesia, has raised an undisclosed seed funding round led by East Ventures, with a strong participation from IDN Media and several angel investors. UENA was founded by Alvin Arief (Co-Founder and Chief Executive Officer) and Roy Yohanes (Co-Founder and Chief Operating Officer), who are seasoned F&B entrepreneurs with more than 10 years of experience.
Pasarnow transforms the end-to-end supply chain in Indonesia’s grocery market
Born and raised in the hustle and bustle of Indonesia's capital city, Jakarta, James Rijanto recalled a big shift in venture trends, which used to revolve around the manufacturing industry to the new food and beverage (F&B) and lifestyle concepts.
Indonesia’s F&B startups are more robust with the resilience of Indonesia’s economy
Food and Beverage (F&B) has appeared as a resilient sector for Indonesia despite the slowdown during the pandemic. While most industries experienced a contraction, the F&B sector still grew by 0.2 percent in revenue growth year-on-year (YoY) in the second quarter of 2020, as Statistics Indonesia (BPS) data shows.
Ismaya Group secures US$ 18.1 million funding led by East Ventures to continue leading and expanding the F&B lifestyle industry in Indonesia
ISMAYA GROUP, the leading F&B lifestyle brand, announced that it has raised funding with a total amount of US$ 18.1 million led by East Ventures (Growth fund) with participation from existing investor, FALCON HOUSE PARTNERS.
Singapore-based TreeDots secures US$ 11M series A investment led by East Ventures and Amasia
TreeDots, Asia’s first vertically integrated food supply chain ecosystem, announced today that it has successfully closed an oversubscribed US$11 million Series A fundraise. The round was co-led by East Ventures and Amasia.
Legit Group raises US$ 3 million in seed series funding amidst pandemic led by East Ventures
Ismaya-backed cloud kitchen company, Legit Group, has raised US$3 million (IDR 43 billion) of seed funding led by East Ventures with participation from AC Ventures.