Javascript is disabled in your browser

Startbase requires Javascript in order to display content.
Please check your browser settings and enable Javascript-Support for this website.

Flash Coffee receives $15 million

Jan Schulte | 07.04.2021

Flash Coffee receives $15 million — Flash Coffee startete im Januar 2020 und betreibt mittlerweile 50 Standorte in Singapur, Thailand und Indonesien. (Foto: Flash Coffee)

The start-up, founded by former Foodora manager David Brunier, is getting money from US investor White Star Capital, among others.

Once upon a time, David Brunier worked for food delivery company Foodora. Then Oliver Samwer gave him money and Brunier founded his own start-up. With Flash Coffee, he sells coffee in shopping malls in Asia. Now the Rocket Internet-backed startup has received $15 million in a Series A funding round.

The round is led by US investor White Star Capital. It was joined by Delivery Heroe-backed VC DX Ventures, Global Founders Capital and Conny & Co. Flash Coffee plans to use the money to expand in the Asia-Pacific region.

Flash Coffee launched in January 2020 and now operates 50 locations in Singapore, Thailand and Indonesia. The majority of the stores are already profitable, according to the company. Currently, Flash Coffee is opening three new stores a week. It plans to pick up the pace and get to ten new store openings per week.

"Our dream is to have a Flash Coffee every 500 meters in all major Asian cities," says founder David Brunier. "The strong investor support for our Series A round allows us to capitalize on the untapped potential in the region and replicate our success in seven new markets this year. Hong Kong, Taiwan, South Korea, Japan, Malaysia, the Philippines and Vietnam."

David Brunier Delivery Hero Flash Coffee Oliver Samwer

Like it? Please spread the word:

Newsletter

Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.

LinkedIn Connect

Take care, give care

Did this news inform or entertain you? Then we would be happy if you tell your network about it.

Share on Linkedin Share on Facebook Share on Xing

Related companies

Global Founders Capital

Investor 2017 Berlin

Global Founders Capital

Globally oriented VC investor that invests in all phases of a company.

Rocket Internet

Investor 2014 Berlin

Rocket Internet

Rocket Internet incubates, builds and operationally develops internet-based business models. It provides operational support to its companies and helps them scale internationally.

Startup 2015 Berlin

Online platform for ordering and delivering food from restaurants.

Similar posts

News Delivery Hero CEO Östberg apologizes to shareholders His company's stock has been in a tailspin since last week. Östberg, however, declared his intention to stick to his strategy. The head of food delivery service Delivery Hero, Niklas Östberg, has apologized to his...

Felix Leitmeyer

News Delivery Hero becomes majority shareholder in Glovo The DAX-listed company only announced its withdrawal from the German market at the end of 2020 and recently discontinued the Foodpanda brand. However, Delivery Hero is still involved in other markets and is increasing...

Lisa Marie Münster

Magazine Opinion Billion-dollar deals, scandals and a tenfold unicorn: the 2021 year in review From German Decacorn to a sexist start-up. The year had a lot to offer, a look back at the biggest success stories - and upsets.

Lars-Thorben Niggehoff

News Foodpanda has to lay off 300 employees After Delivery Hero announced it was shutting down its Foodpanda brand in Germany, the company now looks set to lay off 300 employees.

Lisa Marie Münster

News Foodpanda gives up in Germany Berlin is to remain the company's only German location. A so-called "innovation center" is to be built there. It is a bitter setback for Delivery Hero.

Felix Leitmeyer

News Delivery Hero invests in gorillas For months, the start-up has been trying to attract investors for a financing round, and now the Berliners have succeeded: The start-up raises one billion US dollars, Delivery Hero now holds eight percent of Gorillas...

Lisa Marie Münster

News Gorillas stops expansion in the USA For the time being, the delivery service will not open up a second market in the United States besides New York. A deal with competitor Doordash recently failed because of the growth plans.

Lars-Thorben Niggehoff

News Gorillas said to be worth three billion US dollars The delivery service has apparently raised $950 million in a Series C funding round. Delivery Hero led the round, according to a media report.

Nils Wischmeyer

News Delivery Hero raises over one billion euros The company announced Thursday evening that Delivery Hero plans to issue convertible bonds to raise capital for its continued growth.

Lisa Marie Münster

News Delivery Hero about to join Gorillas? The delivery giant is reportedly putting a nine-figure sum into the German unicorn. Good news for Gorillas after another takeover recently fell through.

Lars-Thorben Niggehoff

News Vivalyx secures 5.4 million euros in seed financing New hope for organ transplants: Vivalyx receives fresh capital to improve donor organ quality

News TVM Capital Healthcare invests 17 million US dollars in neurocare TVM Capital Healthcare invests USD 17 million in neurocare: New partnership for mental healthcare

News Omnidocs acquires majority stake in Dania Software A/S New times in document creation: Omnidocs acquires majority stake in Dania Software A/S with the support of Main Capital Partners.

News Katjes Greenfood with successful oat hangover exit Find out how Katjes Greenfood achieved a successful exit with the sale of its shares in Haferkater and continues to focus on sustainable investments.

News Vinlivt receives 1 million euros Investors have confidence in Vinlivt's success: with additional financing of almost EUR 1 million, the start-up is strengthening its position in the market for digital financial solutions.

Magazine The lions' den Die Höhle der Löwen - Show today - Episode 4 Season 15 Stay tuned for the upcoming episode of "Die Höhle der Löwen" and immerse yourself in the world of entrepreneurship! From innovative ice cream packaging to digital inclusion platforms and sustainable dry toilets - this...

News thermondo buys Febesol Synergies for climate-neutral living - The merger of thermondo and Febesol promises an optimal combination of heat pumps and photovoltaics to make homes climate-neutral.

News News week 17 - 2024 Gitti Conscious Beauty launches crowdinvesting campaign. Innovation partnership between FIASCO and PlanSo. Strategic partnership between Sachpool and Cherrisk. 20 years of Manage and More. BayBG increases investment...

News PLUTA attorney Mr. Bohnhoff seeks investor for the startup mittemitte Investors wanted: PLUTA attorney Mr. Bohnhoff initiates the search for an investor for the Berlin-based start-up mittemitte, which has developed a water treatment device.

News roclub secures 4 million euros in seed financing With 4 million euros in seed funding: roclub sets new standards for remote medical technology and improves access to healthcare.