Headquarters: Melbourne, Australia
Regions of operation: Asia Pacific & Europe
25,000+ sqm
cubes installed
400+
of projects delivered
Over 90%
of Spacecube materials reused
or recycled
Applicable to multiple use cases
“The Taronga Ventures team have been an invaluable support to the Spacecube growth strategy. Since initial investment, Spacecube has not only tripled revenue but launched into other territories and markets thanks to their guidance and investment. The Taronga Ventures team are great ambassadors of the Spacecube story and continually champion our purpose to stakeholders.”
Mark Davies,
CEO, Spacecube
Before investment
At the time of Taronga Ventures’ investment, Spacecube was primarily focused on the events industry and had not explored the breadth of potential use cases in the real asset sector.
Taronga Ventures strategic support
Taronga Ventures’ has supported the Spacecube team to expand into new real asset use cases, including healthcare, accommodation and property marketing.
At a company level, Taronga Ventures’ investment team has supported Spacecube with a range of tactical and strategic challenges, from demand forecasting and inventory management to market entry strategy for Europe and the Middle East.
Value created
Spacecube’s business has continued to grow strongly, more than doubling in 2022 and 2023, and expanding into the United Kingdom to serve the broader European market. The business’s customer base has diversified from events to now include healthcare, residential housing, emergency applications and a range of novel applications imagined by industry partners.
About Spacecube
Modular building system for semi-permanent events, activations, hospitality, healthcare and commercial property that is flat-packable, reusable, relocatable and customisable. For more information, visit https://spacecube.com/.
Source: Spacecube, June 2024
