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Indonesia's Hangry joins a crop of startups catering solely for food-delivery apps, serving fried chicken and sambal via services like Grab.

JAKARTA (The Jakarta Post/Asia News Network): Cloud kitchen businesses have become very bullish over their growth prospects in Indonesia after Covid-19 mobility restrictions triggered a food-delivery boom in the country.

Hangry, an Indonesian cloud kitchen startup with plans to become a global F&B company, closes $13M Series A Hangry, an Indonesian cloud kitchen startup that wants to become a global food and beverage company, has raised a $13 million Series A. The round was led by returning investor Alpha JWC Ventures, and included participation from Atlas Pacific Capital, Salt Ventures and Heyokha Brothers. It will be used to increase the number of Hangry’s outlets in Indonesia, including launching its first dine-in restaurants, over the next two years before it enters other countries. Along with a previou...

Indonesian F&B startup Hangry bags $13m Series A led by Alpha JWC Photo: Unsplash May 3, 2021 Indonesian F&B startup Hangry has closed a Series A funding round of $13 million led by Alpha JWC Ventures, the company said in a statement. The round, which the company claims was oversubscribed, also saw participation from Atlas Pacific Capital, Salt Ventures, and Heyokha Brothers. The fresh capital infusion, which was first reported by DealStreetAsia in November, will be used to fuel Hangry’s national expansion in 2021 and 2022. Founded in 2019 by long-term colleagues Abraham Viktor, Robin Tan, ...