Ucommune, a China-based workspace provider backed by corporates including Prosperity Holdings, Junfa Group and Dahong Group, has now raised $715m altogether.

China-based co-working space supplier Ucommune raised $200m in series D funding on Tuesday, three months after landing $43.5m in financing led by industrial and real estate conglomerate Prosperity Holdings.

The series D round was led by investment firm All-Stars Investment and included investment banking firm CEC Capital. The company said the round values it at about $3bn, up from a $1.8bn valuation in August this year.

Founded in 2015, Ucommune runs a collection of co-working spaces spanning 200 locations in…