Skip to content
Food

Indonesian coffee startup Fore Coffee has bagged seed funding

By Maria SantosIndonesia
1 min read
fore coffee
fore coffee
In this article (5)

Fore Coffee’s seed funding will be East Ventures’ third insider-incubated project after EV Hive and Warung Pintar.

Early-stage venture fund East Ventures has announced today its third incubation, which is Fore Coffee, an on-demand high-quality coffee startup from Indonesia. East Ventures invested seed funding to the company, which aims to make specialty coffee easily available for customers.

The company is now on its way to opening its second flagship store at Plaza Indonesia in October and is looking to open more branches in both malls and offices. The first outlet is at the second floor of Otten Coffee outlet in the heart of Jakarta.

“We are leveraging from the network and expertise from our predecessor Otten, and we are equipped with machine and technology to deliver the finest quality coffee to our customer. Our goal is to have the day where everyone has access to affordable specialty coffee close to them every day,” said Robin Boe, CEO of Fore Coffee.

Wilson Cuaca, Managing Partner of East Ventures, who also becomes the chairman of the startup, added that the country’s vastly growing tech ecosystem has changed the way consumers get their food. Cuaca gave an example of Luckin Coffee in China, which manages to serve a new demand for food consumption with a new bottoms-up startup design

Fore Coffee started serving its first cup on August 8, 2018, and as of today, is serving 1,000 cups a week.

Questions & Answers

Q.

What is Fore Coffee's primary goal for its customers?

A.

Fore Coffee aims to make specialty coffee readily available to customers. Their ultimate goal is for everyone to have access to affordable specialty coffee close to them daily.

Q.

How many locations does Fore Coffee currently have open?

A.

Fore Coffee currently has one outlet open, located on the second floor of the Otten Coffee outlet in Jakarta. They are preparing to open a second flagship store in October.

Q.

Who is the chairman of the new startup, Fore Coffee?

A.

Wilson Cuaca, the Managing Partner of East Ventures, is also serving as the chairman of the new startup, Fore Coffee. East Ventures provided the seed funding.

Q.

How many cups of coffee is Fore Coffee serving per week currently?

A.

Fore Coffee is currently serving 1,000 cups of coffee per week. They began serving their first cup on 8th August 2018.

Weekly Briefing

Asia's retail intelligence, in your inbox

Monday, Wednesday and a Friday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.

  • Top industry moves and market shifts
  • Weekly data-driven analysis from across Asia
  • Monday, Wednesday and the Friday Weekly Wrap

Read by retail operators, investors and brand teams across Asia.

Protected by a quick human check. No spam, ever. Unsubscribe in one click.

SecureGDPR ready