South Korean co - working firm SparkPlus has raised $ 100 m in series A funding , which it will use to expand in Seoul . It currently operates five sites in the capital , but aims to use the funds to reach seven by 2021 . The funding was backed by IBK Capital , Mirae Asset Venture Investment , InterVest , Medici Investment , Wooshin Venture Investment and STIC Capital . Seoul-based coworking space operator SparkPlus on September 18 said it has raised 20 billion (US$17.73 million) in Series A round from local investors. SparkPlus was founded in 2012 by Aju Hotels & Resort and business accelerator SparkLabs , and focused on providing office space for corporate headquarters .
South Korean co - working firm SparkPlus has raised $ 100 m in series A funding , which it will use to expand in Seoul . It currently operates five sites in the capital , but aims to use the funds to reach seven by 2021 . The funding was backed by IBK Capital , Mirae Asset Venture Investment , InterVest , Medici Investment , Wooshin Venture Investment and STIC Capital . SparkPlus was founded in 2012 by Aju Hotels & Resort and business accelerator SparkLabs , and focused on providing office space for corporate headquarters .