StageSeries C | Alive
Last Raised$36M | 1 yr ago
Lemonilo is an online marketplace that sells natural food and beauty products. It was founded in 2016 and is based in Jakarta, Indonesia.
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Expert Collections containing Lemonilo
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Lemonilo is included in 2 Expert Collections, including Wellness Tech.
We define wellness tech as companies developing technology to help consumers improve their physical, mental, and social well-being. Companies in this collection play across a wide range of categories, including food and beverage, fitness, personal care, and corporate wellness.
Food & Meal Delivery
Startups and tech companies offering online grocery, food, beverage, and meal delivery services.
Latest Lemonilo News
Apr 20, 2022
OFF FOODS, an Indonesian foodtech firm, has raised US $1.7 million in a seed round headed by Alpha JWC Ventures, with participation from Global Founders Capital (GFC) and other strategic investors such as Creative Gorilla Capital, Lemonilo, and United Family Capital (UFC). The funds will be used to finance research and development for new varieties of the company’s core product, OFF MEAT, a chicken-like alternative protein, beginning with nuggets and other chicken-like choices. The firm will also extend to other Indonesian cities, as well as establish a direct-to-customer gaming strategy to reach additional consumers. “We are doing more than just selling food. We are trailblazing a lifestyle change in Indonesia that hopefully will result in a healthier society and more sustainable earth. OFF MEAT and Indonesia are only our starting points. We are pleased to receive such enthusiasm from our new and existing investors, including established experts in the F&B industry, and we are excited to move forward with our product innovation, nationwide expansion soon, and eventually regional expansion in 2024,” said OFF FOODS co-founder and CEO Dominik Laurus in a press statement. OFF FOODS was founded in 2021 by serial entrepreneurs Laurus and Jhameson Ko with the goal of becoming Indonesia’s premier alternative protein brand. One of the most significant impediments to customers adopting alternative protein sources and adopting a plant-based diet has been the cost, which OFF FOODS intends to address by delivering a more reasonable option. OFF MEAT has witnessed a 10x increase in adoption through business-to-business (B2B) agreements with restaurants since its introduction in August 2021, according to the firm. Its goods are now offered through its partner restaurants in seven Indonesian cities. OFF FOODS intends to continue increasing its network of food and beverage partners. Burgreens is another Indonesian business working in the alternative protein field. Alpha JWC Ventures, the principal investor, made the news just one day after announcing its investment in Hangry, another Indonesian foodtech business.
Lemonilo Frequently Asked Questions (FAQ)
When was Lemonilo founded?
Lemonilo was founded in 2016.
Where is Lemonilo's headquarters?
Lemonilo's headquarters is located at Ruko Puri Mansion Blok A No. 57, Jalan Lingkar Luar Barat, Kembangan, RT.2/RW.1, Jakarta.
What is Lemonilo's latest funding round?
Lemonilo's latest funding round is Series C.
How much did Lemonilo raise?
Lemonilo raised a total of $36M.
Who are the investors of Lemonilo?
Investors of Lemonilo include Sequoia Capital India, Sofina, Alpha JWC Ventures, Unifam Capital and East Ventures.
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