Ucommune, China’s largest co-working space operator, has raised $43.5 million in its latest financing round, pushing its post-money valuation to $1.8 billion.
According to an official statement, the funding was led by Prosperity Holdings, which also led its pre-Series C round in July 2017, and RK Properties. Proceeds from the latest round will be used to develop and upgrade services and speed up Ucommune’s roll-out in Southeast Asia.
