Malaysia-based on-demand food provider Dahmakan has collected $18m in a series B round that included food ordering service Woowa Brothers and e-commerce firm Rakuten, Vulcan Post has reported.
White Star Asia, Jafco Asia, Partech Partners, Y Combinator, GEC – KIP Fund and an unnamed former CEO of packaged food producer Nestlé Deutschland also took part in the round. Rakuten took part through its Rakuten Capital unit.
Dahmakan prepares food for delivery to consumers in Kuala Lumpur and Thailand capital Bangkok who order using a mobile app. The series B funding will go to upgrading its software, which catalogues a total of 2,000 dishes.
The company raised $5m from Partech Partners, UpHonest Capital, Y Combinator, Atami Capital and the ex-Nestlé angel investor in a round announced in May 2019 but closed earlier in the year, according to TechCrunch.
Y Combinator, Atami Capital, Texas Atlantic Capital and undisclosed additional investors supplied $2.6m for Dahmakan in January 2018, following a $1.3m seed round featuring NFQ Capital, East Ventures, Asia Venture Group and Grupara the previous year.