Scaling businesses in sectors ranging from fintech, AI, data, blockchain and cybersecurity to smart cities, and retail technology can benefit from Level39’s 80,000 square foot innovation space in Canary Wharf’s One Canada Square.
Currently the hub which operates on a membership model is home to 180 pipeline and scaling businesses who are encouraged to work with one another, buy from one another, and collaborate. The workspace offers a dynamic ecosystem giving scaleups access to mentors, investors and peers as well as events that encourage collaboration and partnerships.
As a subsidiary of the Canary Wharf Group, it offers flexible space to ambitious companies many of whom lease space in the East London business district. Level39 is developing its role in the scaleup ecosystem in response to member needs. This includes investment in new advanced technology for event space, meeting and board rooms as well as enhanced quiet zones and collaboration and wellness space. In the last 12 months Level39 has also developed an Ecosystem Membership – a virtual membership, for overseas entrepreneurs looking to tap into and build their business profile in the UK. This was in response to their international community, especially for scaling companies that may have relocated but wish to maintain access to, and in association with, the Level39 community.
The hub is an ecosystem partner for Tech Nation’s Tech Zero initiative. In May 2022, it hosted its first in person event, introducing seven Level39 members to the tech climate action group. In the past year it has provided over 30 in person and virtual member introductions to institutions and corporates including Austrade, Sella Group, IF Norway and Sicoob Bank and partnered with key industry events, giving members access to networking business development opportunities.
As well as providing access to flexible infrastructure, Level39 works with organisations such as InChorus, London & Partners, Innovate Finance, Tech Nation and a pool of mentors, investors and partners to provide support to members in areas such as funding, access to customers, ED&I, international markets and talent. Level39 member companies have raised over £1bn in finance.