Six-figure funding boost to launch UK’s first AI learning lab
School of Coding has secured a six-figure funding package to fit out its new Birmingham office and launch the country’s first AI learning lab.
Funding from the Midlands Engine Investment Fund II, through its appointed fund manager Frontier Development Capital (FDC), will support the growth of the digital skills training provider.
The new centre, which will help businesses of all sizes to make the most of AI technology, is expected to create 50 jobs in the year ahead. It plans to create up to 100 tech-focused higher education jobs over the next three years.
School of Coding was established in 2017 in Wolverhampton by Manny Athwal, who was later joined by his wife, Sandeep. The business now also has offices in Telford, Dublin and India and delivers training in 17 countries. It currently employs around 95 staff in the UK, with a further 200 overseas. School of Coding previously received funding from the first Midlands Engine Investment Fund in 2023.
Manny Athwal, founder and CEO said: “AI is here to stay and it is important that companies learn to use it ethically and in a way that will advance their business. Our aim is to democratise access to technology education. This new hub will help us reach more businesses and individuals and give them the skills they need to prosper in the digital economy. We hope to make this the first in a national network of tech hubs where people can come together to learn and innovate.”
David Tindall, senior investment manager at the British Business Bank said: “The British Business Bank supports businesses with strong growth potential. School of Coding previously received investment from the first Midlands Engine Investment Fund in 2023. This second round of funding underlines how the Midlands Engine Investment Fund II is continuing to empower small businesses as they continue to grow – in this case, leading the way in an industry that is continually developing.”
Ryan Cartwright of FDC added: “Manny and Sandeep have built a great business, one that is helping to deliver the digital skills we need to drive business growth and create a modern, prosperous economy. We are pleased to be able to support them with the launch of this new centre, which will be the first in the UK, and will provide sector-specific training to help regional businesses harness the benefits of AI.”
