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WeWork backs New York tech clubhouse Betaworks Studios

Betaworks Studios, the brainchild of New York City seed-stage venture capital fund Betaworks, has amassed the support of WeWork, or The We Company, as they now call themselves.

JLL Spark led a $4.4 million investment in the membership-based co-working club described as a supportive community for builders, with participation from the co-working giant, Betaworks Ventures  and BBG Ventures. Betaworks Studios has previously raised a pre-seed round led by BBG.

Launched in 2018, Betaworks Studios offers entrepreneurs, artists, engineers and creatives a place to work on projects and accumulate a network, similar to a WeWork hub.

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