1. Startups

JumpStart Raises Series B Funding Led by Cool Japan Fund and Living Lab Ventures

Recorded 400% revenue growth and positive EBITDA throughout 2022

Developer startup coffee vending machinesjump start raised Series B funding at an undisclosed amount, led by Cool Japan Fund (CJF) and Living Lab Ventures. Previously, JumpStart received series A funding from GDP Venture in 2018.

In his official statement, JumpStart CEO Brian Imawan said that his party would increase the number and variety of vending machines and update technology so as to increase user loyalty. It is ready to expand to several other big cities, such as Java and Bali, in the middle of this year.

"JumpStart wants to realize its mission to provide a more attractive shopping experience for consumers. Recruiting a quality team is also our focus in developing JumpStart's business to be more competitive in the Indonesian market," said Brian.

Are you sure to continue this transaction?
Yes
No
processing your transactions....
Transaction Failed
try Again

Sign up for our
newsletter

Subscribe Newsletter
Are you sure to continue this transaction?
Yes
No
processing your transactions....
Transaction Failed
try Again