Culinary Startup Waku Taps New Business Model

By Editorial Team 13/10/2022
food delivery business
Summary

Culinary service startup Waku raised US$1 million in initial funding from Australian venture capitals Nasa Ventures and 11th Space. Waku Group Founder Anthony Gunawan said with this funding, Waku will expand its service area, open new markets, and deepen research and technology infrastructure. "We still have a lot to do to improve people's quality of life through food," Anthony said, as the Daily Social quoted Wednesday.

Waku, previously known as Wakuliner, secured funding after completing the 11th Space Indonesia accelerator program, which ended in July 2022. Nasa Ventures and 11th Space Indonesia are affiliated with Navanti Holdings and Sapien Ventures. Anthony said this funding would make Waku one of Indonesia's leading F&B solution providers in just three years.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

Sign up
Log in
What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.