Photo: worqcoworking.peatix.com Malaysian co-working space operator WORQ has raised RM10 million ($2.48 million) in a crowdfunding round that included new investors Bangsawan Consulting and Phillip Capital, it said in an announcement.
A Subang Jayan coworking provider has raised $2.5m of investment to expand its business in the country. The firm, WORQ, attracted the funding in a crowdfunding round that included new investors Bangsawan Consulting and Phillip Capital, adding to $786,782 raised last year from a range of institutions including Subang Jaya's Cradle Fund, SMG and 500 Durians. The new finance will support the development of its second outlet in the UOA Business Park in Malaysia, due to open in October, and further sites in the Klang Valley.