A venture capital firm, which invests in metaverse, artificial intelligence and cybersecurity companies, is to open a new office in Manchester after securing a £85m boost.
Sure Valley Ventures already has offices in London, Cambridge and Dublin and has now completed an £85m first close of a £95m UK software technology fund.
This includes a £50m investment from the British Business Bank through its Enterprise Capital Funds programme, which aims to increase the supply of equity capital to high-potential, early-stage UK companies.
