Indonesia’s GoWork attracts $10m Chinese investment
Indonesian coworking space provider GoWork announced on Wednesday that it has secured a Chinese investor to close its fundraising round. The fresh investment comes as office sharing gains popularity in Southeast Asia’s growing tech sector. International investors, including Japan’s SoftBank Group, are becoming enthusiastic about the booming industry.
GoWork’s series A investment totaling 13.8 million Singapore dollars ($10 million) announced on Wednesday was led by Chinese venture capital firm Gobi Partners and developer Indonesian Paradise Property. The Jakarta-based startup received a $2.5 million investment last year led by Ucommune, China’s largest coworking company.