Tramshed Tech has partnered with Hodge Bank to support Welsh tech start-ups scale up.
The new partnership sees the opening of a scaling space on the fifth floor of the 1 Central Square office building in the centre of Cardiff.
The space, operated by Tramshed in space vacated by Hodge - which still operates from other floors in the building - is designed to house and support Wales' high-growth cyber, data and AI companies scale-up and build their presence on a global market.
Although the full list of tech start-ups who have signed up to the new space will be announced later this month, one tenant confirmed is Cardiff-based cyber security firm PureCyber (formerly known as Wolfberry).
The IT firm has taken new space at the scaling hub, previously occupied by Hodge Bank and now provided by Tramshed Tech.
Sign up to the BusinessLive Wales newsletter and follow us on LinkedIn
As well as an in-depth early morning newsletter, we will be sending out regular breaking news email alerts. To sign up to this service
And, follow us on to catch the latest stories and to network with the Welsh business community.
Louise Harris, chief executive and co-founder of Tramshed Tech, said: "We are delighted to be able to take on our new growth space in One Central Square and to continue our exciting partnership with Hodge, with whom we have worked closely over a number of years to grow the tech scene in Wales."
She added: "This prestigious location will allow us to continue to host some of our leading high-growth scaling companies and develop the wider tech eco-system and help to further build the Welsh digital economy."
Most Read
David Landen, Hodge Bank chief executive, said: "Our partnership with Tramshed Tech has already offered us some great opportunities. Creating this scaling space to support some innovative tech scale-ups can only create more of them for both the Hodge team and Tramshed Tech."
"Hodge is continuing its digital transformation and having some of Welsh tech's most exciting start-ups sharing office space is a real privilege," he added.
Hodge Bank has recently invested in a number of high-growth Welsh companies including Yoello, a FinTech start-up which allows businesses accept mobile payments through open banking payment technology.
They have also announced a multi-million pound investment, alongside Legal & General, into Sero Technologies, a net zero enabler in the housing sector.