Vietnamese coffee startup Every Half earns funds from two venture capital firms

(Source: Every Half)

Vietnamese coffee startup Every Half Coffee Roasters (Every Half) has received an investment from Openspace Ventures and DSG Consumer Partners. 

The amount of the investment has not been disclosed. 

Founded in 2021 by Tran Le Minh Truc and Vo Duy Phu, Every Half has eight stores in Ho Chi Minh City. Each Every Half location is strategically positioned in the city centre and boasts a minimalist design and sustainability-focused elements. 

In addition, Every Half’s board of directors has Nguyen Hai Ninh, who was successful as the founder of The Coffee House chain before leaving after six years. 

The Coffee House is one of Vietnam’s most well-known coffee chains, following Highlands, with stores across the country and targeting workers and students who need a place to study or meet, however during recent months it has been contracting its store network and focusing on a delivery service model.

Openspace Ventures is a Southeast Asian venture capital fund that invests in technology companies in consumer, healthcare, finance, and software. It also invested in Singapore-based fashion brand Love, Bonito

DSG Consumer Partners is a venture capital fund focused on the consumer market and is headquartered in Singapore.

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