Yummy Corp., which runs a cloud kitchen management company under the brand name Yummykitchen in Indonesia, has raised US$12 million in Series B funding, led by SoftBank Ventures Asia.
Other participants in the round include Vectr Ventures, Appworks, Quest Ventures, Coca Cola Amatil X, Palm Drive Capital, as well as existing investors Intudo Ventures and Sovereign’s Capital, also co-invested.
Launched in June 2019, Yummy Corp. is a cloud kitchen and online catering brand Yummykitchen, focused on using the latest technology to develop innovative solutions for corporates and F&B brands.
The startup not only rents out shared kitchen space but also carries out operational procedures on behalf of partner brands to help them accelerate their expansion and reach wider consumers.
To date, Yummy Corp. claims to have served over five million meals and has over 70 kitchens serving more than 50 brand partners to manage their daily F&B operations.
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