What is Hangry?
Founded in 2019, Hangry operates as a sophisticated multi-brand fast food restaurant platform designed to resolve the common consumer dilemma of choosing between diverse culinary options. By integrating various local and international cuisines under a unified operational umbrella, the company effectively bridges the gap between traditional dining and modern, tech-enabled food delivery services. Its market position is defined by its ability to scale multiple food concepts simultaneously, leveraging centralized infrastructure to maintain quality and consistency across its growing footprint.
How much funding has Hangry raised?
Hangry has raised a total of $49.3M across 2 funding rounds:
Unspecified
$14.3M
Series A
$35M
Unspecified (2022): $14.3M with participation from Alpha JWC Ventures, Atlas Pacific Capital, and Heyokha Brothers
Series A (2022): $35M led by Genesis Alternative Ventures, Salt Ventures, Journey Capital Partners, Sassoon Investment, Alpha JWC Ventures, Atlas Pacific Capital, Heyokha Brothers, Innoven Capital, and Orzon Ventures
Key Investors in Hangry
Genesis Alternative Ventures
Genesis Alternative Ventures is Southeast Asia's leading private venture debt fund that provides debt capital to growth-stage companies backed by tier-one venture capital.
Alpha JWC Ventures
Alpha JWC Ventures is a Southeast Asian early-to-growth stage venture capital firm founded in Indonesia in 2015, focusing on building trusted, lasting partnerships with founders.
Atlas Pacific Capital
Atlas Pacific Capital is a global multi-asset investment manager focused on growth-stage technology investing, acting as an ally to entrepreneurs with scalable ideas.
What's next for Hangry?
With the recent influx of capital, Hangry is strategically positioned to transition from its current growth phase into a more mature enterprise-level entity. The focus is expected to shift toward deepening its presence within the ASEAN market, optimizing supply chain logistics, and potentially diversifying its brand portfolio to capture a broader demographic. By utilizing venture debt and equity financing, the company is well-equipped to extend its cash runway while aggressively pursuing market share, ensuring that it remains a formidable competitor in the fast-paced food-tech ecosystem.
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