Flash Coffee is a coffee shop chain that offers coffee and other beverages. The company operates through physical outlets and a mobile app for ordering and delivery.

Flash Coffee

Flash Coffee is one of Asia's fastest growing tech-enabled coffee chains. We aim to democratise high-quality coffee to make it accessible to Asia's rising middle class, and serve up an award-winning coffee menu curated by World Barista Champions at affordable prices. Customers can use the Flash Coffee app to order and pay online, choosing to pick up their order at one of our iconic yellow storefronts, or opt for delivery through major platforms in each market.

Flash Coffee now operates in Singapore, Indonesia, Thailand, Taiwan, Hong Kong and South Korea, and is set to expand its footprint across Asia Pacific. We have attracted some of the most reputable VCs in the industry (Rocket Internet / Global Founders Capital, White Star Capital, Conny & Co) as well as influential strategic investors (Delivery Hero and Oetker Group), adding tremendous synergies and expertise. With strong backing and after finalising our Series B1 in June 2022, we are ready to build the market winner in the region.

Rocket Internet

Flash Ventures

Conny & Co

Delivery Hero

Dr. Cornelius Boersch

White Star Capital

Delivery Hero Ventures

Global Founders Capital

Ingo Drexler

Al-Dhow Engineering

Citadel

Vulpes Ventures

DX Ventures

Geschwister Oetker

OurCrowd

Marco Stutz

We're proud to announce the successful completion of our Series B financing round led by White Star Capital, raising a total of US$50 million following our latest closing! 🚀

The new funds will be channelled towards accelerating Flash Coffee's mission to achieve group-level profitability. This includes sustainably growing our footprint across the Asia Pacific region to serve high-quality specialty coffee to customers in Singapore, Indonesia, Thailand, Hong Kong and South Korea, doubling down on technology and product innovation and further developing the sales performance of our existing stores. 

We have seen exponential growth over the past two years, with a 23-fold increase in year-on-year revenue in 2021, followed by another four-fold year-on-year increase in 2022 while achieving more than 100 percentage points year-on-year EBITDA improvement on a group level in the same year.

Our Founder & CEO, David Brunier shared, “We are grateful to have the continued backing of our shareholders in this financing round. Offering a product that people love and following our ongoing trajectory of topline and profitability improvements, we are confident that we will reach our overarching goal of being profitable on a group level next year.”

Read on in Vulcan Post to find out more about our Series B extension.

#FlashCoffee #WhiteStarCapital #SeriesB #Fundraise #Startup

Come on Barbie, Let’s drink coffee! ☕💖⚡This barbie-tastic season, Flash Coffee Hong Kong goes pink with Warner Bros. Entertainment’s Barbie movie to bring you limited edition Barbie-inspired coffee cups, exclusive Barbie merchandise, opportunities to win premiere screening tickets and so much more! 

Download our Flash Coffee app and follow our Instagram account @flashcoffee_hk to find out more about our collaboration and be swept into the world of Barbie this summer. 💘

#FlashCoffee #Barbie #WarnerBrothers #Partnership

COM:FLASH-COFFEE

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