Founders House of Copenhagen and Mesh of Oslo will join forces, aiming to become the leading player in the Nordic region within the flexible office space, network and services for entrepreneurs and scalable businesses.
The venture aims to expand to additional 5 locations over the next 3 years to connect the Nordic markets. Companies renting office space in one location will have the flexibility of travelling between the different locations, utilizing the office space and services, and tapping into the local community and network, to help establish themselves in other markets.
Founders House initiated the Danish coworking trend 6 years ago in an old luxury flat at Kongens Nytorv. Since then they have expanded four times and established a district for IT companies, Startup Village, at Islands Brygge.
The combined office space provided by Founders House and Mesh is 6,700 square meters, with an additional 6,000 sqm already in construction. The two companies will merge into one ownership structure, which will be lead by which Danish entrepreneur Tine Thygesen.
“We are the next generation real estate company that focuses on community, technology and flexibility. Since our companies are rooted in the technology world, it is natural for us to utilise technology to increase efficiency, therefore we can service small and medium enterprises in more flexible terms than traditional landlords,” said Anders Mjåset, founder and CEO of Mesh, who will serve as Chief Product Officer after the merger.
The two locations combined currently serve 150 companies and 450 people. After the merger, the company has 35 employees and a total turnover of 24 million Danish crowns.