Haus!'s New Funding, Positive Signal for F&B Startups

Summary

Food and beverage (F&B) startup Haus! secured Series B1 funding from several angel investors and venture capitalists. Several investors involved in the undisclosed funding are Strategic Year Holdings, Atlas Global Ventures, Co-founder Sayurbox and AwanTunai Rama Notowidigdo (Ubi Capital), venture builder Prasetia Dwidharma, and several other angel investors.

Gufron Syarif, CEO of Haus!, said his company would use the new funding for expansion. Haus! plans to launch a mobile app that allows consumers to access menus and place orders online with more payment method options. Haus! also plans to expand to a new market in Bali this year.

"From a business model perspective, Haus! has a positive economic unit and has won a market share for its customers. With the addition of new branches and product variants, we hope that the company's valuation can increase explosively and be ready to become a winner in the new tea and boba category," Rama Notowidigdo, representative of Ubi Capital, said on Tuesday.

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