Well, another unicorn has joined the co-working corral. Knotel raised $400 million, bumping up its valuation to at least $1.3 billion, according to Bloomberg. Investors this round included Kuwait-backed Wafra and Japan’s Mori Trust, Itochu and Mercuria Investment. Previous investors, including Newmark Knight Frank, Norwest Venture Partners and Sapir Organization, also participated in this round. The fundraising was in exchange for 15 to 30 percent of the company and was double the amount initially reported […]
source https://therealdeal.com/national/2019/08/21/knotel-joins-the-unicorn-club-with-latest-funding-round/#new_tab
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