GoCo Health Innovation City

What GoCo Health Innovation City does

GoCo Health Innovation City is a purpose-built life science innovation district and real estate cluster located in Mölndal, just outside Gothenburg, Sweden. Founded in 2017 as a joint venture between Vectura Fastigheter (a Patricia Industries subsidiary) and Next Step Group (a Balder-associated company), GoCo aggregates office, laboratory, clinical, and coworking space within a single integrated ecosystem designed for life science tenants. The physical portfolio spans approximately 100,000 sqm of planned development, with four buildings operational as of 2024: GoCo House (18,000 sqm main hub, Q1 2023), GoCo Clinic (8,000 sqm clinical facility, Q2 2023), GoCo Care (Q1 2024), and GoCo Health (17,000 sqm, Q4 2024). A fifth building, GoCo Active Lab (12,000 sqm), is scheduled for Q3 2026 completion. Major tenants include Mölnlycke Health Care (16,000 sqm global HQ, 800 employees), Thermo Fisher, Atleva, Norlandia, CCRM Nordic, and Medley, alongside more than 100 smaller companies and 80+ nationalities represented in the workforce.

The underlying technology is physical real estate infrastructure specifically engineered for life science workflows: tailored laboratory environments with regulatory-compliant design, flexible and customizable office and coworking space (Office Hub), clinical and care facilities, and shared community amenities including restaurants, cafés, conference facilities, and event arenas. Buildings target LEED and WELL certifications. Complementary service and partnership programs include CCRM Nordic (an ATMP manufacturing accelerator), the Digital Health Arena (a data-driven health innovation initiative driven in part by Chalmers Industriteknik), and a structured event programming layer (Investor Day, GoCo Talks, Idea Labs, Science Seminars).

The business model is commercial real estate rental supplemented by facility services, with all pricing on a quote-based subscription/recurring basis that is not publicly disclosed. GoCo generates revenue through direct enterprise leasing of office, lab, and clinic spaces to life science companies (Thermo Fisher, Mölnlycke, Atleva, Norlandia as anchors), coworking memberships (Office Hub) for startups and mid-market tenants, custom build-out projects for enterprise requirements, and ancillary services (meeting rooms, events, restaurant/café, fitness, parking, EC2B mobility). In February 2026, Vectura acquired Next Step Group's remaining 50% stake for an underlying property value of approximately SEK 3 billion, transitioning GoCo to sole ownership under the Wallenberg-affiliated Patricia Industries and signaling a shift from development phase to long-term management and cluster scaling.

Name

GoCo Health Innovation City

Legal name

GoCo Health Innovation City

Website

https://goco.se

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

GoCo Health Innovation City is a purpose-built life science innovation district in Mölndal, Sweden, operating approximately 100,000 sqm of office, laboratory, and clinical real estate leased to over 100 life science tenants including Mölnlycke Health Care, Thermo Fisher, and AstraZeneca's BioVentureHub, supported by structured partnership programs and community events.

Ownership category

akta.pro rank

Product category

Life Science Real Estate

NAICS

Traveler Accommodation (7211)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Life Sciences/Laboratory Property Management (BPAJAGAL)

akta.pro secondary industry

Life Sciences/Lab Tenant Representation (BPAJALAG)

Keywords

• Life science real estate
• Biotech laboratory spaces
• Innovation cluster leasing
• Coworking office solutions
• Life science community ecosystem

Headquarters

HQ city

Mölndal

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Marketing or Sales, Personnel, Others

Revenue model

1. Commercial Real Estate Rental: Rental income from office spaces, laboratory facilities, coworking spaces, clinic facilities, and care facilities leased to life science companies, research organizations, and healthcare providers. Includes flexible seat rentals, private offices, and customizable lab spaces.
2. Facility Services: Additional services including meeting room bookings, event spaces, restaurant and café operations, fitness center access, parking permits, and mobility solutions (bike and car pooling).

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

GoCo Health Innovation City leases flexible, purpose-built office, laboratory, clinical, coworking, and care spaces to life science companies across five named buildings in Mölndal, Gothenburg, spanning approximately 100,000 sqm. The offering combines physical real estate infrastructure with an organized innovation ecosystem connecting more than 100 tenants, academic institutions (Chalmers, University of Gothenburg), and global pharmaceutical firms (AstraZeneca, Mölnlycke Health Care). Supplementary services include meeting room and event bookings, restaurant and café operations, parking, mobility solutions, and curated community programs.

Product overview

GoCo Health Innovation City is a unified life science innovation district and ecosystem platform in Mölndal, Gothenburg, consisting of physical real estate products and community services. The physical portfolio includes five named buildings: GoCo House (the 18,000 sqm main hub completed Q1 2023), GoCo Health (17,000 sqm Mölnlycke headquarters, completed Q4 2024), GoCo Clinic (8,000 sqm clinical facility, completed Q2 2023), GoCo Care (care and nursing, completed Q1 2024), and GoCo Active Lab (12,000 sqm research facility with gym/pool, expected Q3 2026). These buildings offer flexible office spaces, adaptable labs, coworking (Office Hub), and clinics/care environments for life science tenants. The service layer encompasses an events program (Breakfast Club, Investor Day, GoCo Talks, etc.), partner programs (Science Seminars, Idea Labs), and mobility solutions via EC2B. Key partner initiatives include CCRM Nordic (ATMP acceleration) and Digital Health Arena (digital health innovation). The ecosystem brings together over 100 companies with world-leading academic institutions and global corporations, supported by a community of 80+ nationalities.

Differentiator

Problem solved

Functional benefit

Products and services

• GoCo House The main hub of the GoCo Health Innovation City ecosystem. An 18,000 sqm building featuring collaborative office spaces, labs, coworking areas, restaurant, café, conference facilities, and community spaces designed to spark spontaneous meetings and everyday connections. Main tenant: Thermo Fisher.
• GoCo Health A 17,000 sqm office and lab building completed in Q4 2024. Main tenant is Mölnlycke Health Care's global headquarters, housing approximately 800 employees in a flexible working environment designed for collaboration, project work, and networking.
• GoCo Clinic An 8,000 sqm building designed for clinical activities, care, clinical studies, office and lab space. Main tenant is Atleva. Features state-of-the-art premises for businesses where health innovation is central.
• GoCo Care A building dedicated to care and nursing services, completed in Q1 2024. Main tenant is Norlandia. Part of the mixed-use district providing diverse health and wellness services.
• GoCo Active Lab A 12,000 sqm building under development (expected completion Q3 2026) featuring labs, offices, clinics, gym and pool area. Main tenants include Medley and CCRM Nordic. Designed as a cutting-edge research facility for preventive health and innovation.
• Office Spaces Flexible, modern office solutions for organizations in life science, health innovation, and related sectors. Spaces are designed to strengthen both focus and collaboration, adaptable for growing teams, established companies, or project-based work environments.
• Office Hub (Coworking) Shared workspace designed to accelerate health innovation where members connect with companies across the Life Science sector. Includes complimentary refreshments, IT services, workstations, lounge areas, kitchenettes, and bookable meeting rooms for up to 14 people.
• Adaptable Labs Laboratory environments tailored for organizations within Life Science, biotech, medtech, and clinical research. Flexible and customized solutions based on technical, regulatory, and operational requirements, designed for workflows, technical systems and everyday routines.
• Clinics & Care Spaces State-of-the-art functional premises for clinical activities, receptions and treatments. Designed for efficient, well-planned environments where smart flows and durable materials support smooth, sustainable operations, including examination rooms, treatment rooms, waiting areas, and staff spaces.

Named customers7 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core, flagship and minor.

• Vectura Fastigheter ABcoreStrategic or Co-development Partner · 17 February 2026Vectura, a subsidiary of Patricia Industries, has acquired full ownership of GoCo Health Innovation City from Next Step Group. Vectura already owned 50% of the properties and acquired the remaining stake for an underlying property value of approximately SEK 3 billion. The acquisition marks Vectura's long-term strategy to develop and manage innovation clusters across Sweden.
• Next Step GroupcoreStrategic or Co-development Partner · 17 February 2026Next Step Group, an associated company of Swedish property company Balder, divested its ownership stake in GoCo to Vectura. The two companies will continue collaborating on future development projects in the Gothenburg region including Näst Innovation Destination Torslanda and Wendelstrand.
• AstraZeneca (BioVentureHub)flagshipStrategic or Co-development PartnerAstraZeneca's BioVentureHub is a key partner at GoCo, bringing global pharmaceutical expertise and innovation capabilities to the ecosystem. AstraZeneca is an Impact Partner playing an active role in shaping focus areas and strategic priorities.
• Mölnlycke Health CareflagshipStrategic or Co-development PartnerWorld-leading medical solutions company that relocated its global headquarters to GoCo Health in 2024, occupying 16,000 sqm with capacity for 800 employees. Mölnlycke is an Impact Partner actively shaping the innovation ecosystem.
• Chalmers University of TechnologycoreStrategic or Co-development PartnerLeading technical university that drives the Digital Health Arena initiative at GoCo. Chalmers contributes research expertise and helps bridge academic innovation with commercial applications in the life science ecosystem.
• University of Gothenburg (Göteborgs Universitet)coreStrategic or Co-development PartnerMajor academic institution partner contributing research capabilities and talent to the GoCo ecosystem. The university collaborates on initiatives that strengthen Sweden's competitiveness in life sciences.
• FujirebiominorStrategic or Co-development PartnerDiagnostics company partner at GoCo contributing to the life science ecosystem with expertise in diagnostic solutions and healthcare innovation.
• WellspectminorStrategic or Co-development PartnerHealthcare solutions company partner at GoCo, contributing to the ecosystem with bladder and bowel care expertise and innovation.
• CCRM NordiccoreStrategic or Co-development PartnerNot-for-profit centre created to accelerate development, manufacturing and commercialisation of advanced therapy medicinal products (ATMPs) across Sweden, Nordic region and Europe. Will be main tenant at GoCo Active Lab.
• Chalmers IndustriteknikcoreStrategic or Co-development PartnerDrives the Digital Health Arena initiative, acting as a catalyst to bring companies, researchers and innovators together under one roof to transform collaborations into Europe's leading data-driven hub for health innovation.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Medicon Village: Life-science innovation park in Lund, Sweden, hosting ~180 companies and 2,700+ people across lab and office space. Closest direct Nordic competitor serving biotech, medtech, and e-health tenants with a similar cluster-and-community model.
• LabCentral: Nonprofit biotech coworking and lab facility operator in Cambridge/Boston, hosting hundreds of early-stage life-science companies. Comparable as a shared lab/office operator purpose-built for biotech tenants with sponsor-anchored model (similar to Mölnlycke/Thermo Fisher at GoCo).
• Näst Innovation Destination (Torslanda): Sister innovation cluster under Vectura Fastigheter in the Gothenburg region, jointly developed with Next Step Group. Directly comparable as a Swedish innovation cluster with shared ownership, similar partnership model, and overlapping tenant pipeline.
• The Loop Lund: Vectura-operated innovation cluster in Lund, Sweden, focused on science and technology tenants. Sister cluster in the Vectura network, comparable as a Swedish innovation hub with similar partnership-driven ecosystem approach.
• AstraZeneca BioVentureHub: AstraZeneca-operated life-science innovation hub located adjacent to GoCo in Mölndal. Directly comparable as a Swedish life-science cluster offering lab, office, and collaboration space to biotech companies; in fact it is itself an on-site partner at GoCo, making it both ally and competitor for Swedish life-science tenants.
• Forskaren: Vectura-operated innovation cluster in Stockholm offering flexible office and lab space to life-science and technology companies. Sister cluster with identical ownership, comparable operating model, and shared strategic priorities.
• Hagastaden Life Science Cluster (Stockholm): Stockholm's flagship life-science district hosting Karolinska Institutet, Karolinska University Hospital, and numerous biotech/pharma tenants. Comparable as a Swedish life-science cluster competing for the same multinational pharma and biotech tenant pool as GoCo, but in the Stockholm market.

Regional players

• BioInnovation Institute (BII): Copenhagen-based life-science incubator and venture builder offering lab and office facilities plus funding programs to Nordic biotech startups. Comparable as a Nordic life-science innovation hub, although operating in Denmark and with a stronger incubator/funding focus rather than real estate.

Broad incumbents

• MaRS Discovery District: Large urban innovation hub in Toronto offering office, lab, and collaboration space to health, cleantech, and fintech ventures. Comparable as a multi-building innovation district combining real estate, community programming, and partner programs, though at significantly larger scale than GoCo.
• Cambridge Innovation Center (CIC): Global innovation campus operator offering coworking, lab, and office space to startups and growth companies across multiple cities. Comparable as a multi-tenant innovation real-estate platform with community-driven programming, but at much larger scale and broader sector focus than GoCo's life-science specialization.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/gocohic

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GoCo Health Innovation City