Start-up space provider, RocketSpace is set to create a new campus in London next year. Founded in 2011, RocketSpace opened up its doors to some 750 tech start-ups in San Francisco including Uber and Spotify. Rocketspace say they want to make it easier for companies to become billion-dollar companies, also known as ‘unicorns’.
The new London campus will become RocketSpace’s first international location. The company said that this will give them an easier foothold in Europe as London is often seen as the gateway to
Europe, particularly for their American clients.
Founder and CEO of RocketSpace, Duncan Logan said, ‘London’s tech community continues to rapidly expand and drive innovation. Creating a physical presence here is critical to our expansion strategy and mission to build an ecosystem for innovation to thrive, across a global network of campuses. We are very excited about working with London’s tech entrepreneurs, who are creating some of the most disruptive technologies of the future.’
The new London site will give up to 1,500 entrepreneurs access to a variety of services to ensure business success. The campus is being designed specifically with high-growth, tech start-up companies in mind. RocketSpace say they are targeting companies in the later stages of their growth and will provide space for teams of 1 to 100 people.
The new location will include:
- Office-as-a-service
- Multi gigabit internet connection
- Collaborative workspaces
- Large event space
Members will have access to:
- Hands on workshops
- Peer group roundtables
- Trend talks and networking events
The London location will provide members with access to major corporations such as Lufthansa Cargo, Schneider Electric and Tata Communications.
Development partner RBS says its current offices will be used for the development of the new campus. The site is also being backed by the UK Trade and Investment (UKTI) and London & Partners.
Chief administrative officer at RBS, Simon McNamara, said ‘it’s a real testament to the UK’s thriving tech community that a pioneering company like RocketSpace has chosen the UK as their first office outside of the US. We recognise that the technology industry will be a key growth area for the UK in the coming years so we are delighted to play a part in helping RocketSpace locate here, as we aim to build stronger links with innovative start-ups.’
This comes in addition to RBS’s other investments in start-ups. It is already helping hundreds of entrepreneurs by securing millions of pounds of investment through its partnerships with Entrepreneurial Spark and GrowthBuilder.