Cubo Co-working Quadrupling Size of Sao Paulo Office

Cubo coworking Itaú is quadrupling the size of its office space in São Paulo, Brazil, highlighting the growth of the entrepreneurial and startup scene in the country.

Cubo expects to move to a 12-floor building in São Paulo’s financial district by June 2018, with the hopes to house a greater quantity of larger startups, as well as offering more logistic and networking support to non-resident startups.

While Cubo’s current space houses just 52 startups, the new facilities could house as many as 210, meaning more than 1,250 workers.

“This expansion is driven by the need to increase the scale of the positive impact that Cubo has had on the ecosystem, both in domestic and international environments,” a statement said.