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Singapore's Flash Coffee raises $15m Series A led by White Star Capital

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Singapore-based Flash Coffee Raises US$15m Series A Funding to Fuel Asia Expansion and Launch 300 New Outlets

April 07, 2021
SINGAPORE, April 7, 2021 /PRNewswire/ --
Flash Coffee, a tech-enabled coffee chain backed by Rocket Internet announced that it has raised US$15 million in Series A funding in a round led by
White Star Capital, with participation from prominent investors including Delivery Hero-backed
DX Ventures, Global Founders Capital, and
Conny & Co. The Series A round sets the total capital raised by Flash Coffee to US$20 million.
Image credit: Flash Coffee
Flash Coffee launched in January 2020, and now operates 50 locations across Singapore, Thailand, and Indonesia. Flash Coffee has enjoyed strong traction in its markets despite the pandemic; with the majority of its stores already achieving profitability and demonstrating the success of its business model.

Malaysia , Taiwan , Philippines , Japan , Thailand , Hong-kong , Singapore , Vietnam , Republic-of , Indonesia , South-korea , Jakarta