2 years ago

Patch Raises £3 Million to Expand 'Neighbourhood Workspaces' Network

  • Patch, a UK-based shared workspace company, has secured £3 million in funding to expand its network of "neighbourhood workspaces." The company aims to revitalize high streets by providing convenient and accessible workspaces for individuals, small businesses, and startups

  • The funding will be used to open two new locations in Twickenham and High Wycombe, adding to its existing site in Chelmsford, Essex

  • Patch's mission is to create opportunities for people in local communities, offering a more accessible alternative to traditional workspaces in major cities

  • The investment round was led by JamJar Investments, Blue Wire Capital, Vectr7 Investment Partners LLP, Active Partners, and Triple Point Ventures.

      • ProblemReal Estate

      "Many people live outside major cities and lack access to the same quality of workspaces and opportunities."

      Solution

      "Patch converts disused buildings in local communities into vibrant, well-equipped workspaces, providing a professional and convenient alternative to commuting to major cities."

      Covered on