SparkPlus is a South Korea–based co-working space operator that provides flexible office and co-working locations. The company operates 12 coworking sites in the city of Seoul. SparkPlus completed a Series B round totaling ₩30bn (about $25.2m). The round was backed by building materials producer Asia Cement and founding investor Aju Hotels and Resorts. Additional participants included STIC Ventures (a vehicle for private equity group STIC Investments), real estate investment trust Koramco, Intervest and Aju IB Investment; Asia Cement participated through its Wooshin Venture Investment subsidiary. The article did not provide further financial metrics or use-of-proceeds details.

Total raised

$25M

Funding rounds

1

Latest round

Series B

Latest activity

Dec 2019