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🤖 UK launches AI hub in London
Tech Nation, in partnership with Merantix, Husayn Kassai, and Techspace, are launching the London AI Expand 👇 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.
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🗞 Week 03, 2025
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🤝 Market Moves
⏱ 21 days ago.
🇸🇬 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 👇 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.
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🗞 Week 51, 2024
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🤝 Market Moves
⏱ 49 days ago.
🇬🇧 OG coworking chain files for administration
Iconic London-based coworking company Second Home, founded in 2014 and backed by major investors Expand 👇 including Index Ventures and Atomico, has filed for administration following years of financial struggles. Despite raising over £60m and achieving a £130m valuation in 2019, the company saw revenues drop from £9.8m to £6.6m between 2019-2021, with losses reaching £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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🗞 Week 49, 2024
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🤝 Market Moves
⏱ 63 days ago.
⚕️Spacemade selected to manage health tech focused development
The Howard de Walden Estate has announced a £52 million investment to establish a HealthTech hub Expand 👇 centered on Hale House in London’s Harley Street Health District. Partnering with flexible workspace provider Spacemade, the development aims to position the district as a global leader in health technology and innovation. The hub will encompass three reconfigured buildings designed for health startups, investors, and venture capitalists
If you’ve been following along in Week 45, you might have noticed the management agreement trend. Expect a lot more of those in 2025 and beyond. But it’s always exciting to keep seeing more flex operators expand out into niche types of shared places.
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🗞 Week 45, 2024
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🤝 Market Moves
⏱ 91 days ago.
🇩🇪 Coworking brand announces franchise opportunity
German coworking brand Engel & Völkers Work Edition announced they have begun franchising to Expand 👇 those looking to leverage their brand, knowledge and experience in opening a premium coworking market. They (and their CEO Danielle Schindler) are looking to connect with entrepreneurs or real estate investors and developers.
From the trends we are seeing, 2025 is shaping up to be a huge year for flex space franchising, with more and more operators are leaning towards franchising or management agreements as their market-entry or growth strategies.
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🗞 Week 44, 2024
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🤝 Market Moves
⏱ 99 days ago.

 

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