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WeWork Food Labs Focuses on Agricultural Startups

 - Mar 15, 2019
References: wework & techcrunch
WeWork is shifting its focus to food and agricultural startups, with a newly announced initiative dubbed WeWork Food Labs.

The lab will consist of two main areas of focus. The first being a coworking space for food and tech industry startups that are in the early stages of development. The second will be an accelerator that will sign a select number of entrepreneurs for a six-month contract. In the first year, WeWork has said it will offer a $1 million investment to the first round of companies selected to participate.

This initiative effectively demonstrates the growth of coworking spaces, as WeWork is exploring new avenues and redefining what a flexible working place really looks like.

Image credit: WeWork