JAKARTA -- Indonesian coffee chain Kopi Kenangan has raised an undisclosed amount from U.S. rapper Jay-Z and former world No. 1 tennis player Serena Williams, the company announced Monday.
Kopi Kenangan raised $20 million in its Series A funding in June, and the new investments are an expansion of the round, the company said. Caris LeVert, a NBA player for Brooklyn Nets, also invested alongside Arrive, Jay-Z's venture capital business, and Serena Ventures.
