Arwen.ai first UK startup to win investment from £35m fund

The team at Arwen.ai is excited to share that we’re the first company to secure investment from Creative UK’s new Creative Growth Finance II Fund (CGF II). This funding is already helping in our work to shape social media into a healthier space by battling toxicity and hate speech, as well as forging exciting new market-leading AI tools, all of which help social media owners scale their online communities.

The £35 million Creative Growth Finance II Fund (CGF II) was recently launched in partnership with Triodos Bank as an expansion of the Creative Growth Fund, which has successfully supported over 30 businesses in the creative sector in the past decade. Their MO: foster the UK’s Creative Industries Vision of creating one million new jobs by 2030, by cultivating opportunity in a hugely promising but often sparsely funded sector.

Gabriele Nardo, Creative UK Investment Manager, describes CGF II’s investment in Arwen AI as a ‘rather unordinary case’, stating: ‘Here we are backing a team of seasoned professionals with multiple successful exits on their collective record, who decided to dedicate the next chapter of their professional lives to battling online toxicity – a truly underestimated plague for society and cost to corporates.’

He highlights the importance of Arwen AI’s mission, stating that CGF II’s process led them on an ‘educational journey around the pressing need for sustainable online content moderation, that highlighted quite clearly how Matt and David created the leading solution currently available, which their portfolio of top-flight recurring clients continues to validate by growing month after month.’

We’re excited for our next chapter, and grateful to Creative UK’s support for their support. We’ve got a lot planned for Arwen AI in the coming months, and look forward to propagating a healthier, less toxic online space on a larger scale, while simultaneously developing new solutions to engage and connect. Watch this space.

More here: https://www.wearecreative.uk/latest-stories-arwen-ai/