What is Open Works?
Open Works is a Baltimore-based organization that provides access to one of the largest maker-focused workspaces. Designed with makers in mind, its flexible and affordable spaces are situated in the heart of the Station North Arts & Entertainment District. The company offers state-of-the-art equipment and facilities to its Resident Members, aiming to accelerate business and creative ideas within a diverse and inclusive community. This unique environment fosters collaboration among creatives, makers, and dreamers, providing a platform for bringing ideas to life. Its strategic location offers accessibility via public transportation and includes onsite parking and a coffee shop.
How much funding has Open Works raised?
Open Works has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Open Works
PPP
Public-Private Partnership
What's next for Open Works?
The recent strategic investment of $150K signals a pivotal moment for Open Works, likely enabling further expansion of its facilities, enhancement of its equipment offerings, and broader outreach to the maker community. As a company operating in a large-scale, late-stage funding context, Open Works is poised to solidify its market position and potentially explore new service models or geographic expansions. This capital infusion is expected to fuel its mission of supporting innovation and entrepreneurship through accessible maker spaces.
See full Open Works company page