Thailand’s leading co-working space HUBBA has secured $350,000 in pre-Series A round led by 500 Startups, Ardent Capital, Golden Gate Ventures, Thai high-profile startup founders and angel investors.
The proceeds will be mainly spent on two projects. One is a joint venture with Thailand’s top property developer Sansiri PCL, to create the largest co-working space in Southeast Asia on a retail community mall, called HUBBA-TO, in Soi Sukhumvit 77. This pilot project is scheduled to launch in March 2016, Amarit Charoenphan, Co-Founder and Co-CEO of three-year-old HUBBA, told DEALSTREETASIA.
