Hongfu Group has led a series A round for Bigger, a green co-working spinout of Modern Land, investing alongside First Care.
Real estate developer Hongfu Group has led an $18m series A round for China-based co-working space provider and incubator Bigger, China Money Network reported yesterday.
Incubator First Care also contributed to the round, which comes after Bigger raised $5m in pre-series A funding from venture capital firm Green Pine Capital Partners and Chenhai Fund in July 2016.
Formed by Hong Kong-based real estate developer Modern Land, Bigger is developing a network of co-working spaces that will also function as startup…