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Vietnam's coffee chain Every Half raised $3 million in pre-series A funding with support from Openspace Ventures and DSG Consumer Partners. The funds will help open more stores and improve customer experience.

May 25, 20257 months ago

Amount Raised

$3 Million

Round Type

series a

District 3Food and BeverageRetail

Investors

Dsg Consumer PartnersOpenspace Ventures

Description

Every Half Coffee Roasters has raised $3 million in its pre-series A funding round, with continued investment from Openspace Ventures and DSG Consumer Partners. Founded in 2021, Every Half specializes in specialty coffee and operates 14 stores in Ho Chi Minh City. The new funding will support opening more locations and building partnerships with farmers. The company aims for a 150% growth this year.

Company Information

Company

Every Half

Location

District 3, Southeast region of Vietnam, Vietnam

About

Every Half Coffee Roasters is a Vietnamese coffee startup founded in 2021 by Tran Le Minh Truc and Vo Duy Phu. Initially established as a coffee roaster, it has expanded to operate a chain of retail stores in Ho Chi Minh City. The company specializes in offering specialty coffee beans sourced from both local and foreign farmers and collaborates with them to cultivate climate-resilient coffee varieties. Every Half currently operates eight branches and is backed by Phoenix Holdings.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers