The audio visual and video projection specialists Blue-i have received a substantial investment from the Enterprise Ventures Growth Fund.

The money is set to be invested in the expansion of the company and to invest further in their technology. Blue-i have recently worked on the Britaint Stronger campaign during the EU referendum vote in the UK. They are also the preferred suppliers to key venues in the UK such as the O2 and Saatchi Gallery.

Enterprise Venture’s Investment Director, Wayne Thomas stated that, “Revenue from the UK events industry is predicted to increase from £42bn to over £48bn by 2020. Meanwhile theatre is attracting a younger audience and attendances have been growing year on year. Blue-i has built an enviable reputation through its sector-leading technology and its partnership-led approach. It is well placed to take advantage of the strong growth in both these sectors in the coming years.”