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There are opportunities a-plenty in the tech VC world, Tim Mills says, adding that the market for early investment has been ‘buoyant’ in the past year. This has resulted in new ventures as well as growth in existing portfolios of the government-backed fund. But the bustle presents new challenges, especially in sectors such as artificial intelligence and machine learning, which he fears face ‘very high valuations’. Mills has previously worked towards expanding Barclays Capital’s global operations. ‘At the forefront of my mind is buying into the opportunity,’ Mills told The Times. ‘That’s an emphasis on opportunity, rather than idea. There are lots of great ideas out there, but there has to be an opportunity behind it.’

Tim Mills
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