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Pitch Deck: Indonesia's Hangry Raises $22 Million Debt, Equity

Indonesia's Hangry joins a crop of startups catering solely for food-delivery apps, serving fried chicken and sambal via services like Grab.

What's cooking? Cloud kitchens see 'big opportunity' in Indonesia

JAKARTA (The Jakarta Post/Asia News Network): Cloud kitchen businesses have become very bullish over their growth prospects in Indonesia after Covid-19 mobility restrictions triggered a food-delivery boom in the country.

Partner Content | Alpha JWC Ventures, Hangry, Bobobox and Lemonilo share tales of resilience and growth amid the pandemic

Tune in to 'Tales of resilience and growth from Indonesia during the COVID-19 pandemic' at Asia PE-VC Summit 2021

Hangry, an Indonesian cloud kitchen startup with plans to become a global F&B company, closes $13M Series A – TechCrunch

Hangry, an Indonesian cloud kitchen startup with plans to become a global F&B company, closes $13M Series A Hangry, an Indonesian cloud kitchen startup that wants to become a global food and beverage company, has raised a $13 million Series A. The round was led by returning investor Alpha JWC Ventures, and included participation from Atlas Pacific Capital, Salt Ventures and Heyokha Brothers. It will be used to increase the number of Hangry’s outlets in Indonesia, including launching its first dine-in restaurants, over the next two years before it enters other countries. Along with a previous round of $3 million from Alpha JWC and Sequoia Capital’s Surge program, Hangry’s Series A brings its total funding to $16 million. It currently operates about 40 cloud kitchens in Greater Jakarta and Bandung, 34 of which launched in 2020. Hangry plans to expand its total outlets to more than 120 this year, including dine-in restaurants.