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IOTA will move into the Berlin Startup Hub Factory to be closer to the startup and blockchain industry.

Yesterday, the factory publicly announced that IOTA will move into the membership club premises. The Factory is a platform founded in 2011 by Udo Schloemer to create a meeting place where startups from all over Europe can work together in a trusting atmosphere.

The factory has become an established competence center for the booming start-up scene in Germany and part of the DE: HUB initiative focusing on IoT services and technologies for companies such as Audi, Siemens and Daimler. In addition to various blockchain events that take place regularly at the factory, the Private Members’ Club for startups is increasingly becoming the blockchain hub in Europe.

The factory aims to become the central hub for digital transformation and innovation in Germany, especially for the topics of blockchain and IoT.
Through this step and the immediate proximity to a large number of potential partners with whom IOTA could work in the future, Dominik Schiener hopes to generate synergies:

We wanted to be at the epicenter of the IoT ecosystem and the factory, with its great infrastructure, top talent and inspirational atmosphere, is of course the perfect fit.

Ramin G. Far, CEO of the Factory in Berlin, says about the future cooperation:

We are very pleased that IOTA has decided to settle with us at the Factory in Berlin. With the growing number of IoT talents under one roof, the future of dynamic change across multiple industries will be exciting to watch.

With a total of more than 23,000 square meters, the factory brings global technology companies together with startups such as SoundCloud and Uber, as well as young talents. The community members are supported in partnerships, training and cooperation opportunities and have access to the factory’s office and event space.

Further information at www.factoryberlin.com.