The office space provider, which counts SoftBank, Sinar Mas, Naver and Line among its shareholders, has secured $13.5m in the first tranche of its series B round.

CoHive, an Indonesia-based co-working space manager backed by corporate investors SoftBank, Sinar Mas, Naver and Line, has raised $13.5m for the first close of its series B round.

Education finance provider Stonebridge Ventures led the tranche, participating alongside investment firm Kolon Investment, healthcare-focused venture capital firm Stassets Investment, undisclosed local property developers and existing backers that included private equity firm H&CK Partners.

Previously known as CoHive, EV Hive oversees a network of more than 30 flexible workspaces situated across four…

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