naked Hub, a Shanghai-based network of co-working spaces, announced today an undisclosed amount for the first tranche in their Series B round. This round of funding comes from a fund managed by Gaw Capital Partners, an investment company focusing on real estate markets.

According the the company, naked Hub will accelerate its regional expansion and enhance its property resources via Gaw Capital Partners. The co-working brand aims to add 24-30 new locations (approximately 150,000 square meters and 30,000 members) across mainland China, Hong Kong, Singapore, and other key Southeast Asian cities.

Backed by lifestyle and hospitality company naked Group, naked Hub now operates 8 hubs in prime Shanghai neighborhoods in Xintiandi, Xuhui, Nanjing Lu (a popular shopping area), Century Avenue (a financial center), Hongqiao (a transportation hub), Jingan, and Gubei.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.