TLDR:
- Vietnamese coffee startup Every Half receives investment from Openspace Ventures and DSG Consumer Partners
- Every Half, founded in 2021, has eight stores in Ho Chi Minh City with a minimalist design and sustainability focus
Article Summary:
Vietnamese coffee startup Every Half Coffee Roasters (Every Half) has secured funding from Openspace Ventures and DSG Consumer Partners. The exact amount of the investment remains undisclosed. Every Half, founded by Tran Le Minh Truc and Vo Duy Phu in 2021, currently operates eight stores in Ho Chi Minh City. The strategically located stores boast a minimalist design and incorporate sustainability-focused elements. Notably, Every Half’s board of directors includes Nguyen Hai Ninh, who previously founded The Coffee House chain before departing after six successful years. The Coffee House, a well-known coffee chain in Vietnam, has been reallocating its focus towards a delivery service model in recent months.
Openspace Ventures, a Southeast Asian venture capital fund, invests in technology companies across various sectors including consumer, healthcare, finance, and software. Additionally, Openspace Ventures has previously invested in the Singapore-based fashion brand Love, Bonito. DSG Consumer Partners, another venture capital fund, concentrates on the consumer market and is headquartered in Singapore.
