Plexal

Plexal: The innovation company and workspace solving society’s challenges through tech with government, startups and industry, Plexal is a UK-based business focusing on collaboration and technological innovation. Established in 2016, Plexal operates in the cyber security and information technology sectors, providing bespoke consultancy services and workspaces for over 1,000 innovators. The company has a strong focus on fostering emerging technologies, with a particular presence in sectors such as cyber, healthcare, intelligence and defence, public safety, financial services, and telecoms. Plexal's acquisition of a majority shareholding in Hub8, the Cheltenham network of co-working spaces, further solidifies its position as a major player in building the UK’s most connected cyber ecosystem. The collaboration with Hub8 also aligns with GCHQ’s renowned heritage in Cheltenham, emphasizing Plexal’s commitment to creating a strong technological community. Notably, Plexal has delivered projects for key government departments and global tech companies, including the National Cyber Security Centre, Department for Science, Innovation and Technology, Foreign, Commonwealth and Development Office, Amazon Web Services, and IBM. The company has also spearheaded successful accelerator programs, with the NCSC For Startups alumni collectively raising over £430m and creating over 700 jobs, and the 72 startups that have gone through Plexal’s LORCA accelerators collectively raising over £300m, generating more than £68m in revenue and hiring over 800 people. In summary, Plexal's collaborative approach and impact on building a connected cyber ecosystem underscore its significance in addressing societal challenges through technology. Its track record of successful projects, partnerships, and support for emerging startups position the company as a key player in the UK’s innovation landscape.