Indonesian coffee chain Kopi Kenangan has raised $96.12 million in a Series C funding round from investors including Tybourne Capital Management, Falcon Edge and B Capital Group, show its regulatory filings.
The startup confirmed the round on Monday several hours after DealStreetAsia first reported it. It added that the financing marks the first tranche of its Series C round.
The latest round is a mix of primary and secondary transactions. The grab-and-go coffee chain raised $50.2 million in primary capital as part of the round, per its filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA).
