What is Dahmakan?
Dahmakan, operating in the food delivery and technology sector, aims to provide convenient and affordable meal options. The company leverages a technology-forward approach to enhance customer experience through its app, facilitating easy ordering and rewarding loyal users. This focus on digital integration positions Dahmakan to capitalize on the burgeoning demand for food delivery services, particularly in the Southeast Asian market.
How much funding has Dahmakan raised?
Dahmakan has raised a total of $26.9M across 4 funding rounds:
Angel/Seed
$1.3M
Private Equity
$2.6M
Series A
$5M
Series B
$18M
Angel/Seed (2017): $1.3M with participation from Asia Venture Group, Grupara Inc, East Ventures, and NFQ Capital
Private Equity (2018): $2.6M led by Atami Capital, Apax Partners, Texas Atlantic Capital, and Y Combinator
Series A (2019): $5M supported by partech partners, Atami Capital, UpHonest Capital, and Y Combinator
Series B (2020): $18M featuring GEC-KIP Fund, JAFCO Asia, Woowa Brothers, Rakuten, Inc., and White Star Capital
Key Investors in Dahmakan
JAFCO Asia
JAFCO Asia, soon to be rebranded as JIF Capital, is a venture capital firm with over 25 years of experience in the Asia Pacific region, focusing on maximizing ROI through dedicated business development and financial skills across technology, healthcare, and clean tech sectors.
Rakuten, Inc.
Rakuten Group Inc. is a global technology conglomerate operating a comprehensive digital ecosystem across Internet Services, FinTech, Mobile, and Digital Content, serving approximately 1.9 billion members worldwide.
White Star Capital
White Star Capital is a global multi-stage technology investment platform that partners with entrepreneurs at Series A and B stages, focusing on venture investing in technology, digital assets, and blockchain-enabled companies.
What's next for Dahmakan?
With substantial enterprise-level backing and a recent strategic investment, Dahmakan is poised for significant growth and market expansion. The company's Series B financing suggests a focus on scaling operations, enhancing its technological infrastructure, and potentially exploring new markets or service offerings. Continued investment in its platform and customer engagement strategies will be crucial for solidifying its competitive position and achieving long-term sustainability in the dynamic food tech industry.
See full Dahmakan company page
