F&B

Jumpstart Coffee brews a Series B funding to expand

May 31, 2023

Get your coffee fix with Jumpstart Coffee! This Indonesia-based startup manages self-serve coffee machines that can prepare drinks in under a minute. And they just raised a Series B

  • Launched in 2018, they currently operate 2,000 self-serve machines and vending units across Surabaya, Jakarta, and Bandung. 
  • They claim to have grown over 400% in the second half of 2022 compared to the same time period in 2021!

Investor check. Cool Japan Fund and Living Lab Ventured co-led the round.

  • The fund raised was undisclosed. 

☕ Get caffeinated

Your mornings are about to get more energetic. Jumpstart Coffee sells a range of 20 coffee and non-coffee drinks that start at $1 or 15,000 RP. 

  • Fast and tasty. Their smart machines fix your drink in under 60 seconds and allow sugar level customizations. 
  • Hot or cold, they’ve got it! They serve iced matcha latte, hot piccolo latte, your classic hot cappuccino, and more. 
  • They just launched their own coffee brand using premium local beans from Aceh, Flores, and Toraja.  

How do they do it? They use their own AI tech to monitor sales and keep track of their stocks.

💰 What the future holds? 

Jumpstart Coffee will explore more ways to bring coffee to their customers, work on their vending tech, and grow their team. 

  • They’re also planning to expand in Bali and Java this year, and are currently working on their global expansion plans. 

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