Positive Capital has invested €2.4 million in Cocoon Space, a proptech company specializing in on-demand meeting room rentals, to support its growth and expansion plans in Europe.

Target Information

Cocoon Space is a pioneering proptech company that specializes in on-demand meeting room rentals. The platform offers flexible rental options to suit the needs of various businesses, effectively rewriting how companies access workspace solutions. With a focus on convenience and scalability, Cocoon Space aims to establish 5,000 square meters of meeting space in Paris, with plans to strategically expand into international markets, beginning with Europe.

Industry Overview in France

The proptech industry in France has been witnessing remarkable growth, fueled by the increasing demand for flexible workspaces and evolving business needs. The rise of the sharing economy has transformed traditional real estate sectors, leading to innovative models that cater to modern-day enterprises. This shift is particularly significant as companies look for cost-effective and adaptable solutions to accommodate their meeting and collaboration requirements.

Furthermore, the post-pandemic landscape has intensified the need for businesses to reconsider their real estate strategies. Organizations are increasingly focused on flexibility, leading to a surge in