Thailand’s leading co-working space firm Hubba has announced that is has secured US$ 350,000 in funding from investors including 500 Startups, Ardent Capital, Golden Gate Ventures as well as Thai high-profile start-up founders and other angel investors.
The company said the proceeds of what is described as pre-series ‘A’ funding will be spent on two projects – one of which will be a joint-venture with property developer Sansiri to create the largest co-working space in Southeast Asia at its Sukhumvit Soi 77 development.
Based in Bangkok, Hubba has expended to more than seven locations as well as having minor investments in co-working spaces in Chiang Mai and Laos.