How Much Did Dahmakan Raise?
Funding & Key Investors

Dahmakan, a prominent player in the Southeast Asian food-tech sector, has successfully navigated multiple rounds of capital infusion to solidify its market presence. With a cumulative total of $26.9M, the company has demonstrated a robust growth trajectory, culminating in a recent strategic investment of $18M. This influx of capital underscores investor confidence in the firm's technology-forward approach to the competitive meal delivery landscape.

The company's financial history reflects a disciplined progression from its initial seed backing in 2017 to its more recent Series B expansion. By securing support from a diverse array of global venture capital firms and strategic partners, Dahmakan has effectively scaled its operations to meet the rising demand for convenient, high-quality dining solutions across the region.

What is Dahmakan?

Dahmakan
HospitalityRestaurant Reservations

Dahmakan, operating under the Pop Meals brand, functions as a technology-driven food service provider that integrates meal production with a seamless delivery ecosystem. By offering locally trending meals at accessible price points, the company addresses the dual consumer demand for convenience and culinary variety. Its platform facilitates dine-in, pickup, and delivery services, supported by a proprietary app that enhances user retention through loyalty rewards and streamlined ordering processes. Positioned at the intersection of logistics and consumer hospitality, the company leverages data-driven insights to optimize its menu and operational efficiency, effectively capturing a significant share of the Southeast Asian food delivery market.

How much funding has Dahmakan raised?

Dahmakan has raised a total of $26.9M across 4 funding rounds:

2017

Angel/Seed

$1.3M

2018

Private Equity

$2.6M

2019

Series A

$5M

2020

Series B

$18M

Angel/Seed (2017): $1.3M with participation from East Ventures, Asia Venture Group, NFQ Capital, and Grupara Inc

Private Equity (2018): $2.6M led by Y Combinator, Texas Atlantic Capital, Atami Capital, and Apax Partners

Series A (2019): $5M supported by partech partners, Y Combinator, Atami Capital, and UpHonest Capital

Series B (2020): $18M featuring Rakuten, Inc., White Star Capital, Woowa Brothers, GEC-KIP Fund, and JAFCO Asia

Key Investors in Dahmakan

Rakuten, Inc.

A global technology conglomerate based in Tokyo, Rakuten operates a comprehensive digital ecosystem spanning e-commerce, fintech, and mobile services, providing significant strategic value to its portfolio companies.

Y Combinator

A premier Silicon Valley-based accelerator that provides seed funding and mentorship to high-growth startups, helping them refine their business models and scale effectively.

Apax Partners

A global private equity advisory firm that specializes in supporting the growth of businesses in the technology and consumer sectors through disciplined operational and strategic guidance.

What's next for Dahmakan?

Looking ahead, the strategic deployment of the $18M is expected to accelerate Dahmakan's regional footprint and technological infrastructure. Having moved beyond the early-stage development phase, the company is now focused on scaling its digital ecosystem to achieve greater operational leverage. Future initiatives will likely prioritize the expansion of its delivery network and the enhancement of its loyalty program to drive sustainable, long-term growth. By maintaining its focus on high-frequency consumer engagement and operational excellence, Dahmakan is well-positioned to navigate the complexities of the evolving food-tech sector and maintain its competitive edge against both local and international incumbents.

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Frequently Asked Questions Regarding Dahmakan Financial Insights

What are the most recent funding rounds that Dahmakan has completed, and what were the funding rounds?
Dahmakan has recently completed 3 funding rounds: Series B on Feb 27, 2020, Series A on May 22, 2019, Private Equity on Jan 3, 2018.
What is the total amount of funding Dahmakan has raised to date?
Dahmakan has raised a total of $26.9M in funding to date.
How many funding rounds has Dahmakan completed?
Dahmakan has completed 3 funding rounds.
How much funding did Dahmakan raise in its most recent funding round?
Dahmakan raised $18M in its most recent funding round.
Who are the lead investors in Dahmakan's latest funding round?
The lead investor in Dahmakan's latest funding round was Rakuten, Inc.. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Dahmakan's history?
The largest funding round in Dahmakan's history was $18M.
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