Kopi Kenangan

Memories in Every Drop

Jakarta, Indonesia · Founded 2017 · $225.0M raised

Headquarters
Jakarta
Employees
1001–5000
Founded
2017
Business Model
B2C
Total Funding
$225.0M
Last Round
$96.0M Series CDec 2021
Rounds
5

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Kopi Kenangan is Indonesia's leading grab-and-go coffee chain and Southeast Asia's first F&B unicorn. Founded in 2017 by Edward Tirtanata, James Prananto, and Cynthia Chaerunnisa, the company was born from a mission to make high-quality Indonesian coffee accessible and affordable for everyday consumers. Its signature drink, Kopi Kenangan Mantan (Coffee of Ex-Lover Memories), uses fresh milk and palm sugar instead of condensed milk. From a single Jakarta outlet, Kopi Kenangan has expanded to over 1,100 stores across Indonesia and 150+ locations in five international markets. In 2026, the company reported its first full year of profitability. Operating under parent company Kenangan Brands, it has extended into multiple F&B categories. The brand is guided by the tagline 'Memories in Every Drop' and was named Brand of the Year in the Café Chain category by The World Branding Awards.

Summary

Kopi Kenangan is a Food & Beverage company based in Jakarta, Indonesia, founded in 2017. It has raised $225.0M in total across 5 rounds, most recently a $96.0M Series C round in Dec 2021. Investors include Sequoia Capital, Alpha JWC and Tybourne Capital Management.

Tech & App Stack

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Funding History

Series CSeries CDec 2021
$96.0M

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Funding: Seed through Series C. Amounts, valuations, and investors where available.

Investors

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