Mori Trust, Itochu and existing backers Bloomberg Beta and Rocket Internet all invested in workspace operator Knotel, which has now raised $560m to date.
US-based workspace provider Knotel closed a $400m financing round featuring media group Bloomberg, real estate developer Mori Trust, e-commerce holding company Rocket Internet and diversified trading group Itochu yesterday.
Kuwaiti sovereign wealth fund Kuwait Investment Authority led the round through subsidiary Wafra and was joined by real estate advisory Newmark Knight Frank, private equity firm Mercuria and venture capital firm Norwest Venture Partners, while Bloomberg invested through its Bloomberg Beta unit.
Knotel operates an international network of more than 200…
