Spark Labs announced this week, the opening of a second location in the heart of NYC’s ‘Silicon Alley’ and the backing of UMW Holdings, a Malaysian Corporation with a USD 3.5B revenue in 2015, eager to embark in technology investment in North America.
The brand new space is 20,000-square-feet, comprising an entire floor at 25 W. 39 St. in Bryant Park.
Memberships start at USD 350 a month for a flex desk to USD 20,000 a month for large private offices. All memberships include access to a unique ecosystem including community, workspace and a comprehensive support platform specifically built for tech companies, including: Sales and Business Development, Marketing and Public Relations, funding fast track, Mentorship program, Recruitment, Legal and Accounting support.
The new Spark Labs ecosystem will allow more global startups currently operating outside of the U.S. market to scale and make their mark in North America. Several foreign startups have already matured into successful businesses with the aid of Spark Labs — including Invoxia (makers of Triby, the first non-Amazon device with Alexa integration) and Connecthings (a leader in NFC tag, QR codes and iBeacon management systems) by leveraging the ecosystem.
Spark Labs Founder and CEO, Christophe Garnier (formerly Totsy Co-Founder) told us “Looking for workspace in NYC is easy but finding the right environment is a different story. If you are a global entrepreneur looking to expand in the U.S. market, Spark Labs is the simple and obvious choice. We developed Spark Labs from the beginning as a collaborative ecosystem and U.S. expansion platform for innovation and now with UMW in the picture, we look forward to more success stories joining the fold.”
“UMW is aggressively looking to invest into technology solutions” said Ms Faizah Mohamed Amin, president at UMW Technology, the tech investments division of UMW. “We are impressed with the holistic solution Spark Labs has created to foster global tech players entering the U.S. via expansion in NYC and we look forward to aiding high growth technology companies through the Spark Labs ecosystem.”
Spark Labs has built a successful formula of community, support, benefits and events which has already helped dozens of tech and innovation companies to enter the U.S. market. With over $40M raised by past and current cohort companies, Spark Labs is supported locally by Amazon, IBM, SalesForce for Startups, SendGrid, JustWorks, Rubicon Ventures, White Star Capital, First Mark Capital, Eniac Ventures & KVB Partners.