Maistro Plc, the AI-powered procurement marketplace for services, has moved to Exeter Science Park.

The move will allow Maistro to continue to expand its team in 2019 following this year’s appointment of chief commercial officer Neale Pritchard, and the 2018 appointment of chief financial officer, Ian Cleverly.

Recruitment in 2019 will continue to focus on building the company’s business development and engineering teams.

Laurence Cook, CEO at Maistro, said: “It is fantastic to be part of a growing South West tech community. Exeter Science Park is the right venue for us to expand and build on the successes of 2018.

“Being within a like-minded tech community will be a huge asset for us. As we have seen from our involvement with Tech South West, the tech ecosystem is thriving in the region, with technology being the fastest growing sector.

“Our relocation to Exeter Science Park will facilitate collaboration with other tech companies that are already showcasing the innovation generated by companies throughout the region.”

Dr Sally Basker, CEO of Exeter Science Park, said: “We’re pleased that Maistro has chosen to move to Exeter Science Park for their next phase of growth and we welcome them to our thriving business ecosystem.

“Exeter Science Park helps innovative companies to deliver extraordinary growth and we offer our tenants the space and support to allow them to do what they do best.”