Every Half Coffee Roasters (Every Half) has raised US$3 million in its Pre-Series A funding round, with continued investment from Openspace Ventures and DSG Consumer Partners, which were the two funds that backed the company in the Seed Round.
Founded in 2021 by Vo Duy Phu (CEO) and Tran Le Minh Truc (COO), Every Half now operates 14 stores across Ho Chi Minh City. In late 2024, the brand was recognized at the Flavour Awards with two titles: Coffee Shop of the Year and Most Favoured Coffee Shop.
Every Half focuses on specialty coffee, with a clean and modern store design. Each location blends espresso machines with hand-brewing methods, aimed at customers who care about origin, craft, and 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.
Vo Duy Phu, co-founder and CEO, said: “We believe Vietnamese coffee deserves to be known for its true quality and for the care behind it. This new funding will help us open more stores, improve the customer experience, and keep building long-term partnerships with farmers.”
In Vietnam, Every Half aims to grow by 150% this year, expand its store network, and test new formats in key areas across Ho Chi Minh City. The company is also investing further in sourcing — especially in Buon Ma Thuot and Lam Dong — and continuing to research fermentation to enhance flavor.
Starting in May 2025, Every Half will begin trial exports of its roasted coffee under its own brand, selling through e-commerce platforms in North America. This marks the company’s first move toward reaching international consumers.
According to industry data, the global specialty coffee market reached US$101 billion in 2024, growing 1.5 times faster than traditional coffee. In North America, over 51% of consumers have already shifted to specialty coffee — showing a clear shift toward quality, transparency, and sustainability.
Openspace Ventures is a leading Southeast Asian venture capital firm managing US$800 million, with a portfolio focused on consumer tech, finance, healthcare, and software. Notable investments include Gojek, Kredivo, Love Bonito, and Halodoc. In Vietnam, Openspace has invested in Finhay and Nano Vui App.
DSG Consumer Partners is a consumer-focused investment fund based in Singapore, backing over 80 companies across Southeast Asia and India. Its portfolio includes brands such as Coolmate, Chope, SaladStop!, and Saturday.
