IDG-backed Chinese startup Kr Space raises $94.6m in latest round

IDG-backed Chinese startup Kr Space raises $94.6m in latest round

Source image: Kr Asia

Chinese co-working space Kr Space said has it raised Rmb600 million ($94.6 million) in a new round of funding in February to fuel its expansion plans.

In a statement issued on March 5, Kr Space said, it will use the funds to boost its portfolio by adding 300,000 sq m of space by the end of 2018. The co-work space operator did not divulge details of investors who participated in the latest round.

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