Prosperity Holdings led a $43.5m round for the co-working space provider, which already had several corporate backers, at a $1.8bn valuation.
China-based co-working space supplier Ucommune has raised $43.5m in a series D round led by industrial and real estate conglomerate Prosperity Holdings that valued it at $1.8bn.
RK Properties, a real estate subsidiary of property and infrastructure developer Road King Infrastructure, co-led the round with Prosperity according to several media sources, although a Ucommune press release confirmed only that it has become a strategic partner.
Formerly known as URWork, Ucommune runs a collection of co-working spaces across 160 locations in…
