UK maker of AI avatars nearly doubles valuation to $4bn after funding round
by Dan Milmo Global technology editor from Technology | The Guardian on (#733J8)
Synthesia makes digital presenters for clients to use in corporate videos and counts 70% of FTSE 100 as customers
A British AI startup that makes realistic video avatars has almost doubled its valuation to $4bn (3bn), in a boost for the UK technology sector.
Synthesia was valued at $2.1bn last year and moved into new offices in central London, marking the moment with a ceremony attended by the Sadiq Khan, the city's mayor, and Peter Kyle, then technology secretary.
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