Wahyoo

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Traditional food stall owners can count on Wahyoo to upgrade their storefronts and processes to stay competitive and receive an income boost.

Peter Shearer is a marketing communications professional who co-founded of AR&Co, a company under the WIR advertising group, that provides augmented reality-based interactive ads. As WIR's Chief Business Development Officer, he also co-founded DÄV, which creates AI-enabled interactive advertising platforms for FMCG brands in convenience stores. Peter left his position at WIR and its affiliated companies in 2017 to establish Wahyoo, an Indonesian startup that upgrades traditional roadside eateries to boost their owners' incomes.

Kinesys Group is an Indonesian VC founded in 2019 by startup ecosystem builder Yansen Kamto. The company made their debut investment in new retail F&B startup Wahyoo. They have also backed sweet-drinks chain Goola and online learning center Zenius. While the company has made at least five investments in Indonesian companies, they have not closed their first fund, for which they targeted to reach $20m. Kinesys targets seed rounds, contributing ticket sizes averaging around $500,000 per startup.

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