Every Half Coffee Roasters secures new funding from Singaporean investment firms

The value of the investment has not been disclosed. Founded by Tran Le Minh Truc and Vo Duy Phu in 2021, Every Half has developed from a coffee roaster into a café chain with eight outlets in Ho Chi Minh City.

The new funding will be used to improve its supply chain, work with farmers to develop climate-resilient coffee varieties, and open new retail outlets.

Every Half pursues sustainable development by working with farmers to cultivate and develop climate-resilient coffee varieties such as Starmaya, Marsellesa and Centroamericano in the northern province of Dien Bien, and Liberica in Pleiku town (Gia Lai province) and Dak Lak province in the Central Highlands.

With the new investment, Every Half now has the necessary resources to scale its retail footprint and help Vietnamese coffee farmers to develop climate-resilient coffee varieties.

Vo Duy Phu, co-founder and CEO of Every Half Coffee said, “We are delighted to have the support of these investors, who both bring vast experience in building coffee and consumer brands. With their partnership, we have the resources to increase our collaboration with linked farmers, expand our retail chain, and enhance the quality of coffee for our customers."

Dennis Le, vice president at Openspace Ventures, said, "In a world where climate change is causing a shortage of Arabica beans, the opportunity for Every Half to add Vietnamese robusta and other sustainable coffee varieties to the global supply is enormous and timely. We are excited to support Every Half’s vision of elevating the status of Vietnamese coffee. This partnership will help improve their supply chain and drive sustainable growth."

Speciality coffee consumption has increased dramatically in recent years on a global scale. Although the total market is predicted to reach $52 billion by 2030, relatively few people have had the opportunity to try premium Vietnamese coffee.

Openspace is a leading tech-focused venture capital firm with offices across Southeast Asia. The fund manages over $800 million from global institutional investors and has significant experience in the regional consumer and coffee sectors. Its portfolio includes GoTo, Love Bonito, Pickup Coffee, and Jiwa Group. In Vietnam, Openspace has invested in Finhay and the Nano Vui App.

DSG Consumer Partners is a consumer-focused venture capital fund based in Singapore, managing over $300 million with a portfolio of over 80 companies across Southeast Asia and India. Notable investments include Saturdays, SaladStop, and Pickup Coffee. In Vietnam, DSG Consumer Partners has invested in Coolmate and Marathon Education.

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