36Kr’s co-working spinoff, Kr Space, has added $145m to its coffers, from investors including IDG Capital, Gopher Asset and Yixing Capital.
Kr Space, the co-working space provider established by China-based technology, media and entrepreneurial services provider 36Kr, raised RMB1bn ($145m) today.
The round was co-led by venture capital group IDG Capital, asset management firm Gopher Asset and private equity firm Yixing Capital.
Kr Space was spun out of 36Kr in 2016 and operates co-working spaces in 12 Chinese cities: Beijing, Shanghai, Hong Kong, Guangzhou, Hangzhou, Nanjing, Wuhan, Tianjin, Suzhou, Chengdu, Xiamen and Hefei.
The company retains its focus on China but…