Largest Co-working Space in Southeast Asia Continues Rapid Expansion
EV Hive, Southeast Asia's largest collaborative workspace, announces the closing of the merger with Clapham Collective ("Clapham"), a community workspace located at the heart of Medan, North Sumatra, Indonesia. Mr. Chris Angkasa, founder of Clapham, will also join EV Hive's Board of Advisors.
Incubated by East Ventures in 2015, EV Hive aims to serve as a world class community hub for entrepreneurs and startups to start and grow their business. As a first step of a wider EV Hive's cross-city expansion throughout Indonesia, EV Hive will connect multi-city entrepreneurs, freelancers, as well as small and medium enterprises (SMEs) by providing community hubs at the third most populous city in Indonesia. With this merger, Clapham's members will also get immediate access to EV Hive's ecosystem, particularly to government bodies, venture capital investors and business partners, as well as skill-based events, workshops and flexible workspaces across the country.
Chris Angkasa remarked, "Medan is the third largest city in Indonesia and a primary gateway to start a business in Sumatra. Through this collaboration, we will fulfill the vision of EV Hive's founders to use co-working spaces as a platform to encourage cross-cultural exchange while strengthening business among the entrepreneurs in Jakarta and Medan."
After the new leadership team invested and joined EV Hive in May 2017, the company grew 1,200%, achieving more than 1,300 residential active members across 10 locations. It successfully strengthens EV Hive as the largest coworking space in Southeast Asia today. By Q1 2018, EV Hive will manage more than 34,000 sqm of collaborative workspaces across 16 locations.
EV Hive is a coworking space based in Indonesia, providing flexible workspace, business services and networking for entrepreneurs and startups. EV Hive counts many venture capital funds among its investors, including East Ventures, Sinar Mas Digital Ventures (SMDV), Insignia Ventures, Intudo Ventures and Jacumen Investments.
Up to November 2017, EV Hive has nine locations spread across Jakarta, Tangerang and Medan.
Source : prnewswire.com | e27.co| evhive.co |