Techspace, a London, UK-based coworking space specifically designed for tech companies, raised £5M (approx. $7.23M) in Series A funding.
The round was led by real estate investor and entrepreneur Leo Noé (and managed by Goldacre Ventures).
The company intends to use the funds to expand its presence in London and Berlin.
Co-founded by serial entrepreneurs David Galsworthy (CEO) and Alex Rabarts (CTO) in 2012, Techspace provides tech startups and established companies with space that adapts to their growth.
The company, which currently houses Virgin Media, Business Insider, Techstars and Squawka among its community of tech companies, provides a plug-and-play membership to accelerate business growth, facilitates connections across the globe via its online community.