Flash Coffee secures $3m to fuel expansion across Indonesia

This comes after a strong year of performance.

Flash Coffee has raised $3m in new funding to drive its expansion in Indonesia.

The round was led by TA Ventures, with continued support from White Star Capital.

The investment follows a strong year of performance, with Flash Coffee reporting an average store-level EBITDA of 22%, and new stores achieving 36% EBITDA—well above industry standards. The company plans to use the funds to expand to 70 stores by 2025 and launch in two new cities.

“We've focused on getting the fundamentals right; profitable stores, stronger teams, better menus, and spaces that reflect the modern Indonesia," said Jakob Angele, Executive Chairman of Flash Coffee.

Flash Coffee is also rolling out a redesigned store concept featuring natural textures, local materials, and lush greenery. The brand’s new logo and 'Kebanggaan Indonesia' (‘Proudly Indonesian’) watermark highlight its connection to Indonesian culture.

"Today's Indonesian consumer is cross-generational, seeking experiences that are meaningful and personal,” said Richard Armstrong, Venture Partner at TA Ventures.