Scale-up innovation hub One Eleven has made its first leap outside of Canada, landing in Shoreditch with a new space for London's tech firms.
The North American hub's first international site is just off the City's Silicon Roundabout, a stone's throw from the former offices of the likes of Monzo and Starling Bank.
One Eleven chief executive Dean Hopkins said the business chose London for its next hub due to a gap that he sees in the market in serving tech businesses.
"London offers incredible support for early stage businesses as they start out, and once they reach series A funding – but there simply isn’t enough of an infrastructure out there at the moment to help companies at that crucial in-between stage," he said.
The tech hub will offer resident firms services such as human resources and finance help, as well as marketing tools and technology support.
One Eleven's Toronto and Ottawa bases have supported 70 member companies since the business launched in 2013, helping them to raise more than $500m (£387.9m) at a collective valuation of over $2bn.
"Having established a blueprint for the success of our model in Toronto, London was a natural next step when we looked to continue our own growth journey outside of Canada. We’re a long way from home, but we see exactly the same challenges facing scale-ups here as there are in Toronto," added Hopkins.