Indonesia’s Kopi Kenangan receives funding from Jay-Z and Serena Williams

Kopi Kenangan announced that it had received Series A extension funding participated by Jay-Z and Serena Williams.

Indonesia’s Kopi Kenangan receives funding from Jay-Z and Serena Williams | BEAMSTART News

Coffee chain Kopi Kenangan claims to serve more than three million cups of beverages each month, with revenue growing 20 times from last year.

In June, Kopi Kenangan bagged $20 million in Series A round led by India’s Sequoia.

Over the next two years, Kopi Kenangan plans to add more than a thousand new stores and expand across Southeast Asia.

In October 2018, Kopi Kenangan closed its seed funding round at $8 million from Indonesia’s Alpha JWC Ventures.

“We want to build a legendary brand and we are happy to partner with investors who are already successful in global businesses in sports, entertainment, food and beverages, and technology,” Kopi Kenangan CEO and founder Edward Tirtanata said.

BEAMSTART is a Hub for Startup News, Business Networking, and Entrepreneurial Resources. Expand your network, discover new possibilities, and tap into a vast database of resources that can help you go further in your business and career.


Download the App

The app for business networking and startup resources. Be part of the global community of CEOs, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2021 BEAMSTART. All Rights Reserved (Legal).