Data Science Investment Counter —Funding raised by UK data science companies in 2018.
£ 5.640 Million
Investments

Artificial Intelligence (AI) computing solutions Esperanto Technologies has secured $58 million (roughly £44,6 million) in Series B investment for the development of AI chips, the company announced on Sunday. Check out the NEW Esperanto Technologies website, including today's news on @EsperantoTech Series B announcement! #AI #ML #riscv #risc_v https://t.co/cGpp5TogoS pic.twitter.com/RDI4c78xeL — Esperanto.ai (@EsperantoTech) November 5, […]

Google has pledged $25 million in grants to the AI Global Impact Challenge, the company revealed on Monday during the AI for Social Good event held at the company’s Sunnyvale in California. We’re announcing our AI for Social Good program, applying @GoogleAI expertise to projects w/ positive societal impact. We invite researchers & orgs to submit […]

Cybersecurity company Bitdefender announced its acquisition of behaviour and network security analytics company RedSocks on Wednesday. We’re proud to announce that #Bitdefender has acquired @RedSocksMTD.“By bringing RedSocks network security analytics & threat intelligence into GravityZone, we'll offer even stronger protection from sophisticated attacks” – Florin Talpes, CEO Bitdefender https://t.co/X8ApC2JBS8 pic.twitter.com/CSXxyR2Jtu — Bitdefender (@Bitdefender) October 23, […]

London insurance technology start-up Concirrus today closed a further £5m fundraising effort from tech investor IQ Capital and EOS Venture Partners. The investment, which takes Concirrus total amount raised to date to £12m, comes after the company signed a global deal with Big Four accountancy firm EY last April, injecting machine learning tech into the […]

Samsung has announced its plan to invest $22 billion (roughly £17 billion) in artificial intelligence (AI), auto components and other future businesses in the next three years. As part of their overall $160 billion (roughly £124 billion) plan, the South Korean tech giant said they will increase the number of researchers they had across its global AI centres in the UK, Canada, […]

University of Leeds professors Tim Wright and Andy Hooper have secured £750,000 in Seed funding to create a  spin-out company, called SatSense, which will  harness AI software to spot the degradation of building foundations. The funding came from the Northern Powerhouse Investment Fund (which in turn is financed by the EU),  Unipart Rail and the University of Leeds […]

London-based financial automation company Deaflo has been acquired by US digital identity firm OneSpan, in a £41 million deal. The acquisition comes after  Deaflo raising a £10 million Series B round spearheaded by venture capital firm Holtzbrinck Ventures, and also backed  by funds Notion Capital and Frog Capital, in February last year. “The entire Dealflo team […]

Early-stage VC firm Seedcamp has raised a fourth round of funding— hitting £60 million. Now the firm plans to invest in at least 100 European startups at pre-Seed and Seed stages, and possibly in cryptocurrency tokens . The fresh cash raised by Seedcamp —which was launched in 2007, starting  with a $2.5 million fund for investment— […]

London-based security startup INCOPRO has secured £15.5 million ($21 million) from Highland Europe. The company plans to use the funding to better develop its anti-piracy and counterfeits technology. Founded in 2012 by Simon Baggs and Bret Boivin, the INCOPRO helps companies and online brands to fight off IP infringement. “The internet revolution has created a […]

Property digital marketplace Zoopla— which dominates the British market with over 50 million visits on its site and app, and 25,000 partners— declared that American investment fund Silver Lake has made an acquisition offer of about £2.2 billion ($3 billion.) That offer would value the company twice what it was worth when it was listed […]

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