Level39’s second High Growth Space is now Open!
19th January 2015
Under two years since Level39 launched in March 2013, we are very proud to announce the launch of our second High Growth Space.
The addition of ‘High Growth Space: 24’ means that there is now over 80,000 square foot of space dedicated to technology companies here at Canary Wharf.
The newly opened ‘High Growth Space: 24’ is a 25,000 square foot space on the 24th floor at One Canada Square. This follows the opening of Level39 in March 2013, and ‘High Growth Space: 42’ in September 2013, on the 39th and 42nd floors of One Canada Square respectively.
Both Level39 and High Growth Space: 42 are now more than 95% occupied, with Level39 hosting younger companies and the High Growth Spaces aimed at companies of eight or more employees.
Eric Van der Kleij, Head of Level39 at Canary Wharf Group plc, said:
“A collaborative working environment is a crucial factor in enabling high growth companies to achieve their potential. With over 160 tech companies now based at Level39 and our High Growth Space: 42, we remain committed to delivering the right type of spaces and support for technology companies to succeed.
“This second High Growth Space, which has opened within two years of Level39’s launch, is our third complete floor and underscores Canary Wharf’s leading position as part of London’s growing status as a global technology company hub.”
The space has signed its first occupants, Accenture’s 2015 Fintech Innovation Lab London who will be joined by the 36 tech companies participating in Canary Wharf Group’s smart cities initiative, the Cognicity Challenge. Growing technology companies will be able to apply for space on the floor later in 2015. The space will be a natural transition space for maturing high-growth start-ups graduating from the Level39 accelerator.
“Accenture’s FinTech Innovation Lab London brings together the banking and financial services industry with the best technology start-ups from across Europe,” said Julian Skan, Accenture managing director overseeing the FinTech Innovation Lab London.
“We’ve chosen Level39 as the workspace for our FinTech Innovation Lab London start-ups for the third year running because of its location in one of London’s financial hubs, as well as for its professional support team and range of complementary start-up activities.”
The majority of the first occupants at High Growth Space: 42 were graduates of Level39, including AMP, Fingenius, Kusiri, Recipco, Digital Shadows, Growth Intelligence, TransferGo and Prophis. Recent key signings have also included IBM, Tradeshift and Datawatch.