Located in the heart of Rotterdam, with 3000 m2 (32K square feet) of floor space spread across five stories, 42workspace is the first and only co-working space in the region that focuses on tech startups. The initiative was taken by venture capital firm Keadyn, who pooled together 4.5 million euro with private investors to fund and realize the concept.
Lack of suitable workspaces
Keadyn, whose investments include tech startups such as Notificare, Crobox, Otrium and ABOSS, has noticed the lack of suitable offices and workspaces for young and starting tech firms in Rotterdam. This is what 42workspace wants to change. However, the companies looking to move into the 42workspace offices are carefully curated; a selection is made to ensure a community of just the right entrepreneurs and companies.
A community of equals
“We want to build a tech-community of likeminded people,” says Patricio de Boom, managing director of 42workspace in the Netherlands. “We are creating a culture wherein everyone can add value and help one another. In the short time we’ve been open, we have already seen significant collaboration and interaction between the startups”.
42workspace’s International Network
Ohad Gilad, founder of 42workspace and managing partner of main investor Keadyn, says, “Startups require a lot more than just an office, fast wifi and good coffee. We offer an international network of startups, investors, and other partners who can give ‘our’ startups a boost. It’s crucial to have the right connections, particularly in the early stages of a startups. 42workspace provides tech-entrepreneurs with precisely the environment they need in order to focus on what is most important: growth.”
With such a focus on growth, the line between work and free time is thin. De Boom elaborates that “work-life balance is practically nonexistent. However, we differentiate ourselves from ‘usual’ co-working spaces by taking this into account. It’s what we call: work, eat, play. What we offer our companies is a real, all-round home base. That way people can work out, eat lunch, have a beer, or even host an event, for instance.
All taken care of
De Boom: “Everything is taken care of. All you need to do is open your laptop and get to work. That’s how we offer flexible office spaces, rented on a monthly basis, as well as fully-equipped meeting rooms and a program of events tailored to our members. For startups who want to give or practice a pitch, our event space is made available for any such activities.”
260 work spots
When ready, 42 workspace offers space for roughly 60 young companies, with a total of 260 work spots. “Our spaces are ideal for startups with up to 10 people,” De Boom explains. “With anything more than that, it’s time to look for more fitting spaces for companies in scale-up phase. We are fully devoted to helping startups in their early growth stages.”