Indonesia-based coffee chain Flash Coffee has secured an additional $3 million in funding to support its national expansion.

The round was led by early-stage ventural capital firm TA Ventures, with continued backing from existing investor White Star Capital.

The new investment follows a year of profitability for the chain, which reported average store-level EBITDA margins of 22%, rising to 36% for newer outlets. All existing stores are now profitable, and the company says store revenues have doubled over the past year.

Flash Coffee plans to use the capital to grow its footprint to more than 70 stores in 2025 and expand into two new Indonesian cities.

Jakob Angele, executive chairman of Flash Coffee, said: "The past year has been about discipline. We've focused on getting the fundamentals right; profitable stores, stronger teams, better menus and spaces that reflect the modern Indonesia. We didn't chase growth; we earned it."

"This latest investment will help us scale what works: beautifully designed stores, high-performing teams and a product that speaks to today's Indonesian consumer."

The company has also launched a new in-house store design and refreshed branding that aims to strengthen its connection to Indonesian consumers through the use of local materials and cultural references. These design updates are intended to enhance customer loyalty and drive profitability.

Richard Armstrong, venture partner and Southeast Asia lead, TA Ventures, added: "We spent significant time analysing the opportunities of this category in Southeast Asia, as a result we're excited to join Flash Coffee's journey. Today's Indonesian consumer is cross-generational, seeking experiences that are meaningful and personal. Flash Coffee has perfectly adapted, responding to this shifting consumer behaviour."