Matrix Partners China that was an angel investor in the company, has also joined the round, according to reports in Chinese media.
Wujie had acquired another co-working space firm Fourwork for an undisclosed amount in early 2017 – post that deal, it now owns 13 joint offices in Beijing and Tianjin with a total area of 30,000 square metres providing more than 5,000 seats.
Founder and CEO of Wujie Wan Liushuo said the company would use the proceeds to build more joint offices and kick off the new mobile office project called W-Studio.
The W-Studio project will provide hundreds of intelligent conference room services in Beijing where startups can select and rent through the app, he added.
Sequoia Capital-backed UrWork is the main competitor for Wujie. UrWork had raised RMB400-million from Tianhong Asset Management and Chinese property developer Junfa Group in January this year.
The co-working space business in China has rapidly expanded in line with the growth of startups there. Just this month alone, 5Lmeet announced that it raised $14.5 million series B round led by Singapore’s GIC, while Campfire Collaborative Spaces said it had secured $6 million seed funding to grow its co-living spaces in Hong Kong and other Asian countries.