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π€ UK launches AI hub in London
Tech Nation, in partnership with Merantix, Husayn Kassai, and Techspace, are launching the London AI Expand π Hub to support the UK government’s AI Opportunities Action Plan.
Opening in February 2025, the hub aims to address fragmentation in the London AI ecosystem by providing a central space for collaboration among founders, investors, academics, and policymakers. The initiative draws inspiration from successful models like STATION F in Paris and the Merantix AI Campus in Berlin.
Tech Nation, in partnership with Merantix, Husayn Kassai, and Techspace, are launching the London AI Expand π Hub to support the UK government’s AI Opportunities Action Plan.
Opening in February 2025, the hub aims to address fragmentation in the London AI ecosystem by providing a central space for collaboration among founders, investors, academics, and policymakers. The initiative draws inspiration from successful models like STATION F in Paris and the Merantix AI Campus in Berlin.
π± Community app passes β¬2.5M in processed payments
German-based community platform coapp marked several significant milestones in 2024, including Expand π processing over 2.5 million euros in payments and launching both iOS and Android apps with white-label options.
The platform introduced major updates to its event features, enabling public events and ticket sales, while also implementing a new matchmaking system for connecting community members. Looking ahead to 2025, coapp announced plans for AI-powered matching and paid content features, supported by new investors Arthur BΓΆttcher and Michael Frankenberg.
German-based community platform coapp marked several significant milestones in 2024, including Expand π processing over 2.5 million euros in payments and launching both iOS and Android apps with white-label options.
The platform introduced major updates to its event features, enabling public events and ticket sales, while also implementing a new matchmaking system for connecting community members. Looking ahead to 2025, coapp announced plans for AI-powered matching and paid content features, supported by new investors Arthur BΓΆttcher and Michael Frankenberg.
πΈπ¬ Singapore-based network aims to double in size
On the heels of expansion to Taipei and Osaka, Wan Sing KONG shares that Singapore-based JustCo has Expand π announced additional plans to double their network size over the next two to three years opening in new markets such as Malaysia, the Philippines, Vietnam, Indonesia, India and Dubai.
Founded in 2011, JustCo has grown rapidly to 46 locations by targeting enterprise clients and partnering with investors such as GIC, Singapore’s sovereign wealth fund.
On the heels of expansion to Taipei and Osaka, Wan Sing KONG shares that Singapore-based JustCo has Expand π announced additional plans to double their network size over the next two to three years opening in new markets such as Malaysia, the Philippines, Vietnam, Indonesia, India and Dubai.
Founded in 2011, JustCo has grown rapidly to 46 locations by targeting enterprise clients and partnering with investors such as GIC, Singapore’s sovereign wealth fund.
Elliot Gold, Co-Founder and CEO of UK coworking operator, Work.Life, joins Caleb Parker to discuss Expand π the launch of the WIN – Workspace Intelligence Network. They also explore the importance of data collection in the coworking sector, the need for trust and integrity in data sharing, and the potential for collaboration over competition, as well as how investors and landlords will benefit from a more reliable data set.
π¬π§ OG coworking chain files for administration
Iconic London-based coworking company Second Home, founded in 2014 and backed by major investors Expand π including Index Ventures and Atomico, has filed for administration following years of financial struggles. Despite raising over Β£60m and achieving a Β£130m valuation in 2019, the company saw revenues drop from Β£9.8m to Β£6.6m between 2019-2021, with losses reaching Β£13m in 2021.
The company underwent a rescue deal in 2022 led by Silicon Valley billionaire Riaz Valani, but continued to face challenges, closing multiple locations in early 2024.
Iconic London-based coworking company Second Home, founded in 2014 and backed by major investors Expand π including Index Ventures and Atomico, has filed for administration following years of financial struggles. Despite raising over Β£60m and achieving a Β£130m valuation in 2019, the company saw revenues drop from Β£9.8m to Β£6.6m between 2019-2021, with losses reaching Β£13m in 2021.
The company underwent a rescue deal in 2022 led by Silicon Valley billionaire Riaz Valani, but continued to face challenges, closing multiple locations in early 2024.
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