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View all search resultsHangry raises $10.5m to expand kitchen network, enter Malaysia
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An undated handout photograph shows several brands under Hangry’s portfolio. The Jakarta-based cloud kitchen operator has raised US$10.5 million in a Series A5 funding round to expand its operations and enter foreign markets. (Courtesy of/Hangry)
H
omegrown multi-brand cloud kitchen operator Hangry has raised US$10.5 million in its Series A5 funding round, the company said on Wednesday, as it seeks to expand operations and push into foreign markets.
The latest round was led by existing investor Alpha JWC Ventures, which has backed the company since its early stages.
The fresh funds would be used to upgrade kitchen infrastructure, improve production efficiency and expand operational capacity, enabling each outlet to a handle higher order volume with consistent quality, Hangry said in a statement.
Read also: VC firms suggest that Indonesia leave unicorn status as benchmark
Founder and CEO Abraham Viktor said the start-up had been preparing to enter Malaysia as its first overseas market.
“Indonesian consumers today expect both quality and affordability, and that’s exactly the gap Hangry fills,” said Abraham on Wednesday. “Our multi-brand kitchens allow us to serve every order efficiently while keeping prices accessible.”
Founded in 2019, Hangry operates a centralized kitchen model that prepares multiple brands under one production line, producing over 1,000 portions per outlet each day while maintaining quality and cost efficiency.
