Co-work Office Startup Mindspace Raises $15M

January 25, 2017 | Mindspace, an Israeli company that creates boutique coworking spaces for startups and corporates, has raised $15 million from private investors to help it expand to the US and further across Europe. Founded in 2014, the WeWork rival has already opened four creative coworking spaces across Europe and Israel. The company has spaces in Berlin and Hamburg, as well as two in Tel Aviv. The company, which is co-headquartered in Berlin and Tel Aviv, said it plans to use the Series A funding to open five new facilities across the US, Germany, and Israel. After the expansion, which will take it from 150,000 sq ft up to 350,000 sq ft, Mindspace will be able to accommodate 5,000 members worldwide.