AI Catalyst Report

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It’s official: Greater Manchester is a globally leading AI hub.

The 2025 Greater Manchester AI Catalyst Report outlines the region’s significant achievements, challenges, and TIC’s vision for a future in which AI drives both economic and social progress.

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Top Takeaways

Our report highlights vital statistics that reflect the strength and maturity of Manchester’s AI sector:

Global AI Investment Surge

Global AI investment hit $110bn in 2024 – the highest investment raised by AI companies on record.

Competitive AI Valuation

Greater Manchester-based AI companies are now valued over five times higher than they were in 2020, at $4.2bn, punching above their weight internationally.

Flywheel Ecosystem

Greater Manchester has a balanced AI enterprise value pipeline with early, mid and late-stage AI companies (30% early, 31% mid, and 39% late stage), creating the conditions for a flywheel effect of talent, capital and scaling knowledge recycling in the ecosystem.

$583 million Investment

AI companies in Greater Manchester raised a staggering $583 million in VC investment from 2021-2023, accounting for 28% of the $2.03bn raised by all startups and scaleups over the 3-year period.

Manchester’s AI Talent

Greater Manchester is ranked 13th in Europe for AI talent, and home to AI companies employing 13,500 people.

TIC has supported…

56
Innovators
55
Startups
74
SMEs

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