London-based entrepreneurial community and workspace operator TechHub is establishing a base in Boston to help UK and European businesses take on the US market.
TechHub Boston will provide technology entrepreneurs with a supportive, collaborative environment of like-minded teams working exclusively on tech products.
Since opening in 2010, TechHub has grown to have a presence in six cities across the globe, helping its members internationalise and access talent more easily.
London’s tech start-ups received a total of US$682million in venture capital investment in just the first quarter of 2015, with the biggest year-on-year increase coming from US funds investing further afield.
“Our vision is to provide strategic locations for technology entrepreneurs around the world,” said Elizabeth Varley, founder and CEO of TechHub.
“There’s no doubt that London has become Europe’s leading place for technology innovation. But as our start-ups grow they often look towards the States for its large market of early adopters and investment expertise to boost their growth.
“With 53 higher education institutions in Boston and a VC community twice the size of its European equivalent, we already have TechHub members excited about how TechHub Boston can help them straight away.”
Europe goes stateside
TechHub claims to be the largest start-up network in Europe, with more than 1,000 members. It operates in Bangalore, Bucharest, Berlin, Boston, London, Riga and Swansea.
“We’ve already introduced TechHub’s flagship demo night to Boston,” said Simon Twoers, co-founder at TechHub Boston.
“Held on the first Tuesday of every month, this event brings our members together to demonstrate their latest innovations.
“With the Boston launch, the event now runs simultaneously across three continents in cities from Bangalore to London to Boston. The atmosphere and energy across the events is truly exciting.”
Boston image via Shutterstock