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Kopi Kenangan

Business focus

Food, Beverage & Catering

Description

Kopi Kenangan was founded in 2017 by Edward Tirtanata, James Prananto, and Cynthia Chaerunnisa, starting from a tiny outlet in Standard Chartered Tower, Jakarta. In December 2021 it became Southeast Asia's first food-tech unicorn, raising $96 million in a Series C round at a valuation over $1 billion (backers Tybourne Capital, Horizons Ventures). The chain has over 850 outlets in 64 cities, its own app, and a grab-and-go model.

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