Kunlun-backed Nashwork has attracted $78m in a series B+ round backed by Sino-Ocean Group.
China-based co-working space operator Nashwork has raised RMB500m ($78m) in a series B+ round led by Sino-Ocean Capital, the investment arm of real estate developer Sino-Ocean Group, China Money Network reported yesterday.
The round also featured Huarong Rongde Asset Management, a joint venture formed by financial institutions such as China Huarong Asset Management, Deutsche Bank and Clearwater Capital.
Founded in 2013, Nashwork operates co-working spaces in five cities and has attracted more than 11,000 clients to date.
Real estate company…
