Factory

company

About

Factory develops and operates offices for fast growing startups and technology companies.

  • 1 - 10

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
€1M
Industries
Corporate Training,Information Services,Social Entrepreneurship
Founded date
Jan 1, 2012
Number Of Employee
1 - 10
Operating Status
Active

Factory develops and operates offices for fast growing startups and technology companies. Their model focuses on clustering successful startups, international tech giants and young entrepreneurs in sizable office complexes to facilitate exchange, shared knowledge and provide the framework for serendipity to take place.

The Factory concept originated in Berlin in early 2012 as a response to the dire need for flexible contracts for office space from technology startups, doubling in size sometimes inside 12 months. Understanding the specific growth trends and needs for tech-focused firms, their spaces and rental contracts are designed to support the individual phases of their development.

Beyond well designed, flexible office space, Factory’s cluster model creates proximity and allows like-minded companies to network, host events together and ultimately build meaningful partnerships and relationships with one another. The environment they strive for on their campuses is open and collaborative – where all parties are supporting each other along their growth trajectory.

They have defined six elements at the core of the Factory model: Community, Technology, Events, Partnerships, Communication and Space.

While it is intrinsic for the startup community to be open and share with one another, often other actors within society have difficulty in finding an inroad. Factory offers access by the established industry, academia and politicians through a physical manifestation of a city’s technology community.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
€1M
Factory has raised a total of €1M in funding over 2 rounds. Their latest funding was raised on Mar 7, 2017 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 7, 2017 Series Unknown €1M 1 500 Global Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Factory is funded by 1 investors. 500 Global are the most recent investors.
Investor Name Lead Investor Funding Round
500 Global Yes Series Unknown