Booqed, a Hong Kong-based platform for reserving short-term work areas, introduced at this time that it has raised $1.675 million in seed funding. Contributors included Colliers Worldwide, the industrial real-estate administration firm, Techstars and Lazard Korea.
The corporate participated in Proptech Accelerator, the Toronto-based accelerator program for property and actual property startups run by Colliers and Techstars, in 2018.
Launched in September 2016, Booqed presently has 1,600 listings for areas in Hong Kong, Shenzhen and Singapore. It’s going to use its seed spherical on product roll-outs, advertising and marketing and hiring. The platform differentiates from co-working areas and corporations like WeWork as a result of its stock consists of underused areas in current industrial properties, giving property homeowners and managers to approach to earn cash as a substitute of letting them sit empty.
Reserving instances could be as quick as an hour or so long as a number of months, and listings embrace places of work and assembly rooms, occasion areas, retail shops and studios. A lot of the startup’s clients are company shoppers that must e-book venues or work areas for touring staff.