Flash Coffee Extends Series B Round to US$50 Million

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Media Outreach
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SINGAPORE – Media OutReach – 11 May 2023 – Singapore-based tech-enabled coffee chain Flash Coffee has announced the successful completion of its Series B financing round led by White Star Capital, raising a total of US$50 million following its latest closing. Existing investors including White Star Capital, Delivery Hero, Geschwister Oetker, and Conny & Co, participated in the financing round – with several of them further increasing their stake in the company.

https://www.linkedin.com/company/flash-coffee/

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Flash Coffee

is a tech-enabled coffee chain that serves a menu of high-quality drinks curated by award-winning World Barista Champions across Asia. Customers can use the Flash Coffee app (download ) to order and pay online, choose to pick up orders from one of the brand’s iconic yellow storefronts, or order for delivery through the app or major delivery platforms in each market.

Launched in 2020, Flash Coffee now operates over 200 stores in five markets across Asia Pacific – Singapore, Indonesia, Thailand, Hong Kong, and South Korea. Flash Coffee is backed by some of the most reputable global tech investors such as White Star Capital, Rocket Internet, Global Founders Capital, Conny & Co as well as strong strategic investors such as Delivery Hero and Geschwister Oetker Beteiligungen.

White Star Capital

White Star Capital is a global multi-stage technology investment platform that invests in exceptional entrepreneurs building ambitious, international businesses. Operating out of London, New York, Paris, Montreal, Toronto, Tokyo, and Singapore. Our global presence, perspective, and people enable us to partner closely with our founders to help them scale internationally.