{"id":66266,"date":"2018-02-26T09:11:30","date_gmt":"2018-02-26T09:11:30","guid":{"rendered":"http:\/\/www.bnreport.com\/shore-capital-founder-leads-40m-investment-in-new-co-working-business\/"},"modified":"2018-02-26T09:11:30","modified_gmt":"2018-02-26T09:11:30","slug":"shore-capital-founder-leads-40m-investment-in-new-co-working-business","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/shore-capital-founder-leads-40m-investment-in-new-co-working-business\/","title":{"rendered":"Shore Capital founder leads $40m investment in new co-working business"},"content":{"rendered":"

Shared workspace business Mixer has just nabbed $40m (\u00a328.6m) of funding in an investment round led by Howard Shore, the founder of investment group Shore Capital.<\/p>\n

Mixer, based in Israel, is hoping to expand into Europe and the US and has a new site planned in Berlin.<\/p>\n

Shore will now become chairman of the business, which focuses on the premium end of the co-working market by offering club-style lounges and business networking opportunities.<\/p>\n

Read more: <\/strong>Shore Capital boss Howard Shore steps back from chief executive duties but will stay on as executive chairman<\/a><\/p>\n

He said he was \u201cexcited for the business to grow into a worldwide brand\u201d. Shore led the funding round on behalf of his investment company, Puma Brandenburg, and the Brandenburg Realty co-investment vehicle he set up with US investors.<\/p>\n

Mixer, with its curent two sites in Tel Aviv, already has members including Axa\u2019s fintech incubator Kamet and Microsoft-backed venture capital firm i3 Equity Partners.<\/p>\n

The idea for Mixer came from co-chief executives Eyal Naveh, former senior vice president at Israeli oil and gas distributor Delek Group, and Omer Granit, co-founder and managing partner of real estate hedge fund West 4 Capital.<\/p>\n

They founded the business along with Dror Katzir and Ziv Sapir.<\/p>\n

Co-working has become an increasingly popular trend in London<\/a>, with businesses such as Spacehaven, Interchange and Huckletree popping up over recent months.<\/p>\n

Read more: <\/strong>Behavioural changes fuel rise of co-working, with London leading the way<\/a><\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

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CityAM<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"

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