Selina, a US -based start-up that provides digital nomads with accommodation, co-working spaces and leisure activities is in talks with ARK about raising $ $95 m to launch an investment fund dedicated to US real estate. With debt, the vehicle is expected to have $ 1bn to buy or lease and convert properties. The idea is similar to ARK , the real estate investment platform founded by WeWork . Len Blavatnik’s , founder and former CEO of ARK , participated in a $95 m funding round in April 2018 . To contact the reporter on this story: Gillian Tan in New York at gtan129@bloomberg.net To contact the editors responsible for this story: Alan Goldstein at agoldstein5@bloomberg.net, David Scheer, Steve Dickson In April 2019 Selina raised a further $100m at a valuation of $850m .
Selina, a US -based start-up that provides digital nomads with accommodation, co-working spaces and leisure activities is in talks with ARK about raising $ $95 m to launch an investment fund dedicated to US real estate. With debt, the vehicle is expected to have $ 1bn to buy or lease and convert properties. The idea is similar to ARK , the real estate investment platform founded by WeWork . Len Blavatnik’s , founder and former CEO of ARK , participated in a $95 m funding round in April 2018 . In April 2019 Selina raised a further $100m at a valuation of $850m .