# Fore Coffee funding: rounds and investors

> Fore Coffee has raised $48M across 3 rounds since 2019. Investors include East Ventures, Pavilion Capital and IGNIA. Every round with its source.

Source: https://millionrounds.com/company/fore-coffee (Millionrounds; every figure on the page links to its filing or article)

Indonesia · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Fore Coffee*

3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Foodtech

Funding summary Updated 26 Oct 2026

**$48M** raised across 3 rounds since 2019, from 3 sources

**$8.5M** Round **$9.5M** Series A **$30M** Round

- **Latest round:** Round, $30M Nov 2019
- **Step-up i:** 3.2×
- **Investors:** 7

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020

**$8.5M** Round

**$9.5M** Series A

**$30M** Round

- **First round:** Round, $8.5M
- **Biggest round:** $30M
- **Usual gap between rounds:** 7 months

## The rounds

- **Nov 2019** Round **$30M** *2 new* *2 returning* [East Ventures](https://millionrounds.com/fund/east-ventures) [IGNIA](https://millionrounds.com/fund/ignia-partners) [Pavilion Capital](https://millionrounds.com/fund/pavilion-capital) [Insignia Ventures](https://millionrounds.com/fund/insignia-venture-partners) Reported by DealStreetAsia
- **Apr 2019** Series A **$9.5M** *1 new* [East Ventures](https://millionrounds.com/fund/east-ventures) Reported by DealStreetAsia
- **Jan 2019** Round **$8.5M** *4 new* [Pavilion Capital](https://millionrounds.com/fund/pavilion-capital) [Agaeti Venture Capital](https://millionrounds.com/fund/agaeti-venture-capital) East Ventures/ SMDV Insignia Reported by Tech in Asia

## Founders and team

From Fore Coffee's own website: 4 on the team.

- **Vico Lomar** President Director
- **Work Experiences** President Commissioner of the Company
- **M Fahmi Rachmattulah** Director
- **Tjhong Pie Chen** Director

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2019 **Series A** 2019 **Round** 2019 [East Ventures](https://millionrounds.com/fund/east-ventures) [Pavilion Capital](https://millionrounds.com/fund/pavilion-capital) [IGNIA](https://millionrounds.com/fund/ignia-partners) [Insignia Ventures](https://millionrounds.com/fund/insignia-venture-partners) [Agaeti Venture Capital](https://millionrounds.com/fund/agaeti-venture-capital) East Ventures/ SMDV Insignia

## Everyone who backed them

[East Ventures](https://millionrounds.com/fund/east-ventures) VC firm **2** rounds

[Pavilion Capital](https://millionrounds.com/fund/pavilion-capital) Private equity **2** rounds

[IGNIA](https://millionrounds.com/fund/ignia-partners) VC firm **1** round

[Insignia Ventures](https://millionrounds.com/fund/insignia-venture-partners) VC firm **1** round

[Agaeti Venture Capital](https://millionrounds.com/fund/agaeti-venture-capital) VC firm **1** round

East Ventures/ SMDV no record of our own yet **1** round

Insignia no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=fore-coffee).

## Also claim to have backed them

This firm lists Fore Coffee as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[MSA Novo](https://millionrounds.com/fund/novo-capital) VC firm Per its own site

## Quick answers about Fore Coffee

### Who invested in Fore Coffee?

Fore Coffee's investors include East Ventures, Pavilion Capital, IGNIA, Insignia Ventures and Agaeti Venture Capital, and 2 more on record.

### How much has Fore Coffee raised?

Fore Coffee has raised $48M across 3 rounds since 2019.

### When did Fore Coffee last raise?

Fore Coffee's most recent round was an Undisclosed round of $30M in Nov 2019.

### What was Fore Coffee's biggest round?

Its most recent round, $30M in Nov 2019, is also its largest on record.

### Who backed Fore Coffee first?

Fore Coffee's first round on record, in Jan 2019, was backed by Pavilion Capital, Agaeti Venture Capital and East Ventures/ SMDV and 1 others.

### What stage is Fore Coffee at?

Fore Coffee's latest named round is an Undisclosed round, in Nov 2019.

### Where is Fore Coffee based?

Fore Coffee is based in Indonesia.

## Companies like Fore Coffee

In the same sector, and raised in the last eighteen months.

[**ASTRA FOOD PLAN** $5.9M · Oct 2026](https://millionrounds.com/company/astra-food-plan)[**Edonia** $18M · Oct 2026](https://millionrounds.com/company/edonia)[**FOOD FOUNDERS Studio** $4.5M · Sept 2026](https://millionrounds.com/company/food-founders-studio)[**MicroLub** $15M · Sept 2026](https://millionrounds.com/company/microlub)[**Qkine** $9.9M · Sept 2026](https://millionrounds.com/company/qkine)[**Feisty** $677K · Sept 2026](https://millionrounds.com/company/feisty)

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