Mangkokku raises US$2M from Alpha JWC

Mangkokku, a culinary startup based in Indonesia, has received US$2 million in seed funding from local VC firm Alpha JWC Ventures.

With the fresh investment, Mangkokku is aiming to open 30 branches by the end of 2020 and more than 75 by 2021.

Mangkokku was founded in 2019 by Indonesian Masterchef judge Arnold Poernomo and businessman Randy Kartadinata. The duo also partnered with two F&B serial entrepreneurs Gibran Rakabuming and Kaesang Pangarep, who are also sons of Indonesia’s President Jokowi.

The startup offers professional chef-level dishes in the form of rice bowls at affordable prices. Spinning a local twist on conventional Japanese rice bowls, it uses local ingredients to suit their rice bowls to local taste buds.

Mangkokku currently operates 22 branches in the Greater Jakarta area and plans to expand into Surabaya soon.

The startup is now looking to expand its offerings beyond rice bowls in 2021.