Nest, a venture capital firm based in Hong Kong has formed an alliance with Garage’s coworking spaces in Nairobi and Cape Town.
According to a post on Nairobi garage’s blog, the partnership will see both Nairobi Garage and Nest leverage on each others expertise, and structures.
“The partnership between the two garages and Nest will give any member of Nairobi and Cape Town Garage a place to work from when visiting Hong Kong, in turn giving companies incubated at Nest access to our space and our sister space. This is a great chance for our startups to reach out to the Asian market and vice versa,” Nairobi Garage said.
Entrepreneurs can drop into these spaces anytime, albeit with at least a 48 hour notice.
According to the Managing partner of Nest, Africa, Aaron Fu, “On one hand, we see startups from Africa with both the ambition and ability to scale globally and on the other, we see the potential for solutions developed by startups in Asia to deploy to Africa”.
Last month, Techcabal reported that Nest had opened it’s Kenyan office in Nairobi Garage.