Venture capital firms invest nearly £1bn in UK CreaTech

Venture capitalists invested a record £981.8m in 2020 into UK CreaTech businesses that bring together creative skills with technologies such as artificial intelligence to produce new services and revenue streams. This is according to The CreaTech Report 2021 from the Creative Industries Council (CIC), the forum of UK government and creative industry leaders, in association with Digital Catapult and Moore Kingston Smith, to increase understanding of the fast-growing CreaTech space. These new services and revenue streams include start-ups developing innovations in media investment, creative production, and other parts of the…

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