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Tech in Asia (YC W15) is the largest English-language technology media company that focuses on Asia. From the latest news to the hottest trends and the boldest startups to the strongest titans, we cover everything tech in the region. Our goal is to build and serve Asia’s tech and startup community.

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Private Capital Markets

<ul><li>Rocket Internet-backed <a href="https://www.flash-coffee.com/" target="_blank" rel="noopener">Flash Coffee</a> has officially closed its series B round totaling US$50 million.</li><li>In a statement, the company said it would expand deeper into Indonesia, with plans to open a branch in Surabaya in July. It already has a presence in Jakarta and Bandung.</li><li>Besides Indonesia, Flash Coffee also operates in Singapore, Hong Kong, South Korea, Thailand, and Taiwan.</li></ul>

Rocket Internet-backed Flash Coffee has officially closed its series B round totaling US$50 million.In a statement, the company said it would expand deeper into Indonesia, with plans to open a branch in Surabaya in July. It already has a presence in Jakarta and Bandung.Besides Indonesia, Flash Coffee also operates in Singapore, Hong Kong, South Korea, Thailand, and Taiwan.

Flash Coffee Closes $50m Funding, Targets Profitability by 2024