London-based Plexal, a "generalist" coworking space, has acquired a majority stake in Cheltenham-based Hub8, a cyber security-focused coworking space (note: Cheltenham is the natural home of the UK’s cyber ecosystem, thanks to GCHQ’s more than 70-year heritage in the town). Hub8 was founded in 2019 by Bruce Gregory (CEO) & Plexal was founded in 2018 by Andrew Roughan (CEO) - with backing from DV4 (a real estate value added fund managed by Delancey). Plexal already owns similar co-working space in London & Manchester, & this latest acquisition is part of its ongoing mission to build the UK’s most connected cyber ecosystem. Plexal & Hub8 already collaborated in the past, having won in 2021 the National...
France-based, Orthopus develops technical hardware aids for disabled people. In particular, the startup developed the “Orthopus Supporter”, a robotic arm that can be attached to any (wheel)chair to provide (arm) mobility assistance (for patients with e.g. muscular weakness such as dystrophies, musculoskeletal disorders or spinal cord injuries). The device, among other, is powered by a proprietary actuator/ engine block said to be 30% cheaper than comparables. The Orthopus Supporter is already marketed in France, Germany & the Netherlands. The startup will now use the new capital to finance a clinical trail of the robot to make it eligible for reimbursement by the social security in France. The startup is also “consolidating its supply chain”...