Malaysia's WORQ co-working space raises $2.4 million in funding for expansion.

Since its launch in 2017, the company has been profitable.


Alfred Lee

23 Sep, 2020

Malaysia's WORQ co-working space raises $2.4 million in funding for expansion. | BEAMSTART News

- From our Sponsors -

Malaysian co-working space operator, WORQ, has raised $2.4 million (RM 10 million) in funding, the company announced today.

Investors for the round are 7 follow-on investors, which include Singapore-based independent fund management company, Phillip Capital Management.

WORQ has also secured loans from six banks — Affin Bank, Maybank, CIMB, Alliance, UOB and Ambank. 

WORQ co-working space in Subang, Malaysia.

Moving forward, the company will use the fresh funds to expand its co-working spaces presence to more locations, and to provide more cost-efficient workplace solutions amidst the pandemic.

WORQ is also looking to expand range of spaces via acquisitions and partnerships with other coworking space operators and landlords.

"WORQ aims to offer tailor made solutions and extreme flexibility to companies. This is comparable to that of ride-hailing services, which provide on-demand rides one at a time", mentioned WORQ CEO, Stephanie Ping.

- From our Sponsors -

Latest Jobs

Content Writer

Reframe (Glucobit)

Georgia,

Full Time

USD 60000 — USD 75000 yearly

Founding Sales

Momentic

California,

Full Time

USD 150000 — USD 180000 yearly

Founding Sales Executive (First Sales Hire)

Corgea

California,

Full Time

USD 80000 — USD 140000 yearly

Founding Business Development Representative

Phonely

California,

Full Time

USD 80000 — USD 1000000000 yearly

Manager, Software Engineering (Product)

Ambient.ai

California,

Full Time

USD 180000 — USD 230000 yearly

Software Engineer

Freshpaint

Full Time

USD 190000 — USD 230000 yearly

Business Development Intern

Sorcerer

California,

Internship

USD 60000 — USD 120000 yearly

Senior Backend / Full Stack Engineer

BlueCargo

California,

Full Time

USD 160000 — USD 220000 yearly

Senior Software Engineer

Prequel

New York,

Full Time

USD 150000 — USD 220000 yearly

Growth/Product Engineer

Porter

New York,

Full Time

Salary Undisclosed

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).