Flexible workspace provider Knotel increased its funding to $160m in two years, as Bloomberg Beta returned to reinvest and NVP kicked in $50m.

US-based workspace provider Knotel has received $60m in funding from investors including Bloomberg Beta, the corporate venturing vehicle for media group Bloomberg, the Wall Street Journal has reported.

Norwest Venture Partners (NVP), the venture firm funded by financial services firm Wells Fargo, led the round with a $50m investment while real estate advisory firm Newmark Knight Frank also took part.

Founded in 2016, Knotel designs and builds specialist workspaces for corporate customers that are tailored to their individual requirements, leasing…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.