Coworking company Knotel is reportedly in talks for a $200 million Series C funding round from investors such as the Kuwait Investment Authority backing them up.
The New York-based competitor to WeWork recently had a funding round that put it at a valuation of $500 million with the help from real estate firms such as Newmark Knight Frank.
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Knotel has over 200 locations across the U.S., Canada, Europe and Brazil and acquired coworking firm Deskeo in January, giving it a much larger presence than WeWork in Paris.
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