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Southeast Asias coffee tech start-ups are securing funding and branching out to maximize profitability, pushing café culture against the tide of the tech winter in other sectors.
Maxime Chaury, the managing director of Singapore grab-and-go coffee chain Flash Coffee, has announced his departure from the startup.
Southeast Asias coffee tech start-ups are securing funding and branching out to maximize profitability, pushing café culture against the tide of the tech winter in other sectors.
Funding for Indian startups fell to $1 billion in April, down 24% over March 2023 and 66% over April 2022.
Flash Coffee has completed its Series B financing round led by White Star Capital, bringing the funds raised to US$50 million.