Techspace, a London, UK-based flexible workspace provider for scaling technology businesses, raised £5m in funding.
The Noé Group’s venture capital arm, Goldacre, made the investment.
The company intends to use the funds to expand its European presence over the next 12-18 months.
Led by Rob Stevenson, Director, Techspace is a platform for scale-ups which works with technology teams to provide the workspace and resources they need to scale. Since taking an initial investment in 2016, the company has expanded from a single location in Old Street, London to four sites across the city; as well as to the tech ecosystem of Kreuzberg, Berlin with a 4,500 sq m building in Moritzplatz (Lobeckstrasse).
It already has five locations.