What is Hangry?
Established in 2019, Hangry addresses the common dilemma of choosing a meal by developing a multi-brand fast-food restaurant model. The company offers a diverse range of local and international cuisines, aiming to provide a comprehensive solution for consumers seeking variety and convenience. By operating multiple distinct food brands under one umbrella, Hangry seeks to optimize operational efficiencies and capture a broader market share within the fast-casual dining sector. The company's strategic approach involves building a portfolio of popular food concepts to cater to evolving consumer tastes and preferences.
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 Sassoon Investment, Orzon Ventures, Heyokha Brothers, Journey Capital Partners, Genesis Alternative Ventures, Salt Ventures, Innoven Capital, Alpha JWC Ventures, and Atlas Pacific Capital
Key Investors in Hangry
Sassoon Investment
Sassoon Investment Corporation is an entity currently under development, indicating a focus on future offerings and client experiences. Its operational status suggests a strategic build-up phase before full market engagement.
Heyokha Brothers
Heyokha Brothers is an investment management firm based in Hong Kong, specializing in the ASEAN market. They focus on transforming innovative ideas into actionable strategies for qualified investors.
Genesis Alternative Ventures
Genesis Alternative Ventures is Southeast Asia's leading private venture debt fund, providing debt capital to growth-stage companies backed by tier-one venture capital, aiming to minimize equity dilution for startups.
What's next for Hangry?
With the recent infusion of major strategic investment, Hangry is poised for accelerated growth and market penetration. The company is likely to leverage this capital to expand its brand portfolio, enhance its digital infrastructure for ordering and delivery, and potentially explore new geographic markets. Further development of its multi-brand strategy, focusing on operational synergies and customer experience, will be critical. This substantial backing suggests a strong investor confidence in Hangry's business model and its capacity to scale effectively in the dynamic food service landscape.
See full Hangry company page
