Founded in 2021 by coffee industry veterans Tran Le Minh Truc and Vo Duy Phu, Every Half Coffee Roasters has grown rapidly, expanding its network to 36 stores across Vietnam. The company reported year-on-year growth of 157%, underscoring rising consumer demand for specialty coffee.
The new investment will be used to expand the company's retail footprint in major cities, strengthen its e-commerce business and increase the distribution of Vietnamese specialty coffee products in overseas markets. Every Half also plans to continue investing in product quality and operational consistency to enhance the customer experience.
The Series A round was led by existing investors Openspace Capital and DSG Consumer Partners, marking the third investment by both firms in the company and reflecting their continued confidence in Every Half's growth strategy and execution capabilities.
Singapore-based Openspace Capital is a multi-strategy asset management firm with a strong focus on Southeast Asia. Its investment portfolio spans early-stage and growth equity, private credit, digital assets and listed equities.
DSG Consumer Partners, meanwhile, is one of the first venture capital firms in India and Southeast Asia dedicated exclusively to consumer businesses. The fund backs founders building next-generation consumer brands with long-term growth potential through patient capital.
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