Malaysia’s ZUS Coffee gets $57m investment

The company said it plans to enter Singapore and Brunei by the end of the year

Malaysia’s fastest-growing coffee chain ZUS Coffee has secured $57m (RM250b) in funding from KV Asia Capital, Kumpulan Wang Persaraan (Diperbadankan) (KWAP), and Indonesia’s Kapal Api Group. Ernst & Young Malaysia advised on the deal.

The investment will drive ZUS Coffee’s rapid growth and international expansion. Since its launch in 2019, ZUS Coffee has expanded from a single store in Kuala Lumpur to around 600 locations, including 550 in Malaysia and 50 in the Philippines. The company plans to enter Singapore and Brunei by the end of the year and is targeting additional markets for 2025.

ZUS Coffee also aims to boost its product offerings, including its new halal canned sparkling coffee, COFFIZZ, and the “Coffee Meets Pastry” concept.

“This partnership will not only grow our core coffee business but also support our move into new verticals like FMCG. With our shared tech-driven approach, we are committed to making specialty coffee accessible, affordable, and exciting,” said Ian Chua, Founder and CEO of ZUS Coffee.

“Our vision is to establish ZUS Coffee as a globally recognised Malaysian brand, sharing Malaysian’s commitment to quality and community to coffee lovers worldwide,” he added.

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