Singapore Startup Cafebond To Make Australia’s Specialty Coffee More Easily Accessible

Wed Oct 26, 2016 - 2:00am UTC

Cafebond Singaporean Startup

A great cup of coffee can boost productivity. It is also the stuff in which team culture are made of. Thus, having a great cup of coffee in the office is always a good investment for both employers and employees. However, the purchase of an expensive coffee machine though exciting at first has always ended up with the machine sitting there to collect dust. People just get bored if it is not with the right coffee taste.

A Singapore startup founded by Eugene Chen and Keyis Ng on May 25 intends to change just that. By opening a new web and mobile platform – coffee lovers can shop for Australia’s best coffee beans, freshly roasted with just a click. This startup is known as Cafebond and it targets Singapore growing market for specialty coffee, aiming to be the supplier to this demand by making specialty coffee more accessible.

To date, Cafebond has made accessible the taste of coffee from 14 of Melbourne’s top cafes-cum-roasters, such as Small Batch Roasting Co and Code Black Coffee Roasters. On another list, the startup also include deliveries from World Barista Champion Sasa Sestic’s Roastery and Cafe as well as Ona Coffee in Canberra.

Cafebond.com offers a web and mobile platform that crosses geographical borders as it connects coffee lovers with the best coffee brands in the world. It aims to bring better coffee tasting experience to office workers, so that they can taste and buy unique specialty coffee beans and blends from roaster-owned cafes from London to Melbourne, Singapore to Beijing, in one easy checkout process. But above all, these coffee beans are sold at an affordable price.

“What Cafebond does is bring the shipping cost down to make these beans more affordable,” said co-founder and CEO Keyis Ng, “Because to ship a 250g bag of beans from Australia to Singapore using DHL or TNT will easily cost up to S$30 to S$40 dollars, which is more than the cost of the beans,” Ng shared, explaining that the flat delivery fee regardless of the size of the order, is made possible using a consolidation shipping algorithm.

The startup is invested by Quest Ventures, China’s leading venture capital firm and is incubated with Infocomm Investments, the investment subsidiary of Singapore government’s tech agency IMDA (Info-communications and Media Development Authority).

Cafebond.com is also one of the four startups hand-picked by Microsoft Singapore to be co-located within its Asia Pacific Headquarters and is currently part of DBS Hotspot 2016, the startup support programme by DBS Bank which is one of Asia’s largest bank.

For more information, please visit https://www.cafebond.com/

By Vivian Foo, Unicorn Media

This news is published on Reuters.