Latham & Watkins Advises Tybourne Capital Management on Kopi Kenangan’s US$96 Million Series C Round

Latham & Watkins advised Tybourne Capital Management on a US$96 million funding round for Kopi Kenangan, Indonesia's fastest growing New Retail F&B chain. The oversubscribed Series C round values Kopi Kenangan at more than US$1 billion and positions the company as Southeast Asia’s first New Retail F&B Unicorn.

The round was led by Tybourne Capital Management, with participation from existing investors including Horizons Ventures, Kunlun, B Capital, and new investor Falcon Edge Capital.

The Latham team was led by Singapore corporate partner James Clayton-Payne and Hong Kong corporate partner Amy Beckingham, with associates Edward Tang, Heidi Lui, and Cherine Teh. Advice was provided on tax matters by London partner Karl Mah and associate Ed Moberly.