Booqed raises $1.6 million in recent seed funding round

October 22, 2019
Share this Post: 

Hong Kong-based short-term work space booking platform announces the securing of $1.675 million in a seed funding round

Booqed announced that it has raised $1.675 million in seed funding. Participants include Colliers International (the commercial real-estate management company), Techstars and Lazard Korea.

The company participated in Proptech Accelerator, the Toronto-based accelerator program for property and real estate startups run by Colliers and Techstars, in 2018.

Launched in September 2016, Booqed currently has 1,600 listings for spaces in Hong Kong, Shenzhen and Singapore. It plans to use its seed round on product roll-outs, marketing and hiring. The platform differentiates from co-working spaces and companies like WeWork because its inventory consists of underused spaces in existing commercial properties, giving property owners and managers a way to make money instead of letting them sit empty.

Read more here

Join us November 13-15 for the Property Portal Watch Conference Madrid 2019.

Property Portal Watch Madrid Summit 2019

October 22, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Propertygurugroupboardroom
Propertyguru Appoints Ray Ferguson as New Chairman of the Board

PropertyGuru, Southeast Asia’s leading PropTech company, has appointed Ray Ferguson as the new Chairman of the Board, effective January 2024....

Read More
Shutterstock 1318716863
U.S. Rentals Marketplace Dwellsy Bags $11.5 Million Seed Round

The U.S. rentals marketplace site operator Dwellsy has announced that it has raised a seed round worth $11.5 million led...

Read More
Offerpad Extended Stay
Offerpad Reports Increased Gross Profits But Reduced Revenues in Q3 Financial Results

US iBuyer Offerpad says it achieved higher gross profits year-on-year (YoY) despite falling revenues in its Q3 results—with a slight...

Read More
Corelogic Onthehouse Openn
CoreLogic Owned Aussie Portal OnTheHouse Introduces Online Bidding via Openn Partnership

The international real estate data giant CoreLogic has announced that its Australian real estate portal site OnTheHouse now has online...

Read More

Editor's Pick