WeWork Former Chinese tech executive introduces on-demand work pods for mental health

Share via:

At a time when China’s zero-COVID policy continues to disrupt offline work and face-to-face interactions, Dominic Penaloza, the former head of innovation and technology at WeWork China, is introducing a daring idea — on-demand work booths placed in public places — and has successfully raised capital for the company.

Penaloza named his new company Peace in the hopes of improving the mental health of those who use the company’s quiet, privacy-first space instead of crowded offices and noisy cafes. This week, Peace announced a seven-figure funding round from a group of business partners and entrepreneurs. Penaloza’s ongoing experiment with flexible work has resulted in Peace. In 2019, the executive led an internal project at WeWork China to offer pay-as-you-go workspaces. A year later, he founded his own proptech-focused startup studio, which incubated a similar on-demand workspace service, but this time with the help of third-party landlords.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

WeWork Former Chinese tech executive introduces on-demand work pods for mental health

At a time when China’s zero-COVID policy continues to disrupt offline work and face-to-face interactions, Dominic Penaloza, the former head of innovation and technology at WeWork China, is introducing a daring idea — on-demand work booths placed in public places — and has successfully raised capital for the company.

Penaloza named his new company Peace in the hopes of improving the mental health of those who use the company’s quiet, privacy-first space instead of crowded offices and noisy cafes. This week, Peace announced a seven-figure funding round from a group of business partners and entrepreneurs. Penaloza’s ongoing experiment with flexible work has resulted in Peace. In 2019, the executive led an internal project at WeWork China to offer pay-as-you-go workspaces. A year later, he founded his own proptech-focused startup studio, which incubated a similar on-demand workspace service, but this time with the help of third-party landlords.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at [email protected]

More like this

Miranda Bogen is creating solutions to help govern AI

To give AI-focused women academics and others their...

Byju’s founder, ousted by shareholders, says rumors of his...

Byju Raveendran, the founder of eponymous edtech group...

Business As Usual At BYJU’s, Co’s Comeback Inevitable Now:...

SUMMARY Byju Raveendran said he continues to be the...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!