The Falcon House Partners typically invest in the US$15 to US$20 million range.
National Bank of Canada has acquired 22 percent of the company’s shareholding last week.
Rework is also launching a mobile app that will complement the whole coworking experience.
The capital raised will be used to strengthen the platform’s system development process.
The capital raised will be used to support the firm’s technology investment as well as to fund related working capital for its existing production facilities in Penang.
PUC Founder is acquiring Enovax, a Singapore-based IT business solution provider in order to further develop the company’s core businesses.