Yummy, an Indonesia-based cloud kitchen management company, has raised $12 million in its series B round led by internet group SoftBank Ventures Asia and including drinks company Coca-Cola’s Australian corporate venturing unit, Amatil X.

Other participants in the round included venture capital firms Intudo Ventures, Sovereign’s Capital, Vectr Ventures, AppWorks, Quest Ventures and Palm Drive Capital.

Launched in June 2019, Yummy has in total raised $19.5m.

Mario Suntanu, co-founder and CEO of Yummy, told news provider TechCrunch the capital would be used…

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James Mawson

James Mawson is founder and chief executive of Global Venturing.
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