Alpha JWC leads $13m round in Indonesian cloud kitchen startup Hangry

Hangry, an Indonesian culinary startup with a cloud kitchen and multibrand concept, said it has secured US$13 million in funding as it gears up for national expansion.

More funding details

• Lead investor: Alpha JWC Ventures
• Other investors: Atlas Pacific Capital, Salt Ventures, and Heyokha Brothers
• Stage: Series A

More company updates

• Hangry said it plans to invest the new capital into its national expansion efforts for this year and the next, aiming to have 120 outlets in total and launch dine-in restaurants across Indonesia in 2021.
• In 2020, the company opened more than 35 outlets throughout the archipelago, according to Salt Ventures managing partner Danny Sutradewa.
• Hangry received its first institutional funding – worth US$3 million – from Alpha JWC Ventures and Sequoia Capital through the Surge accelerator last year.
• Co-founded by Taralite founder Abraham Viktor, Hangry currently runs five brands: Moon Chicken, San Gyu, Bude Sari, Ayam Koplo, and Kopi Dari Pada.

For more coverage of the company, head here. You can also click on the link below to view key details about the company, as well as its funding history.