Indonesia: ReWork raises $3m from ATM Capital, Convergence Ventures

Indonesia: ReWork raises $3m from ATM Capital, Convergence Ventures

Indonesian co-working space provider ReWork has raised $3 million in a pre-series A financing led by ATM Capital and Convergence Ventures. China’s co-work unicorn UrWork, Social Capital, Fortune Union Investments, ACE Capital as well as new and existing investors participated in the round.

The new funding will enable ReWork expand their work spaces across Jakarta, Surabaya, and Bali, the firm said. It aims for 35 locations in 2018.

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