Every Half Coffee Roasters receives $3 million in Pre-Series A funding

Every Half Coffee Roasters receives $3 million in Pre-Series A funding

Every Half Coffee Roasters announced on May 23 that it has secured $3 million in its Pre-Series A funding round, with ongoing investment from Openspace Ventures and DSG Consumer Partners.

Singaporean investment firms Openspace Ventures and DSG Consumer Partners had previously invested an undisclosed sum in Every Half during its seed round last August.

Established by current CEO Vo Duy Phu and COO Tran Le Minh Truc in 2021, Every Half has 14 stores across Ho Chi Minh City. The brand was recognised at the 2024 Flavour Awards with two titles; Coffee Shop of the Year and Most Favoured Coffee Shop.

Every Half focuses on specialty coffee, boasting a clean and modern store design. Each outlet serves customers with espresso machines blended with hand-brewing methods to create the full coffee experience.

Unlike many other chains, Every Half is directly involved in the full coffee process, from seed selection and post-harvest processing to fermentation, roasting, and service. The company works closely with farmers and cooperatives in Dien Bien, Lam Dong, and Dak Lak to build a consistent and high-quality supply.

"We believe Vietnamese coffee deserves to be recognised for its true quality and for the care behind it. This new funding will help us open more stores, improve the customer experience, and continue building long-term partnerships with farmers," said Phu.

Every Half aims to grow by 150 per cent this year, expand its store network, and test new formats in key areas across Ho Chi Minh City. The company is also bolstering investments in sourcing, especially in Buon Ma Thuot and Lam Dong, and continuing to research fermentation to further enhance flavour.

The global specialty coffee market reached $101 billion in 2024, growing 1.5 times faster than traditional coffee. In North America, over 51 per cent of consumers have already shifted to gourmet coffee, which shows a clear shift towards quality, transparency, and sustainability.

VIR