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

Digital investment manager Nutmeg secured £30 million in a funding round led by Hong Kong-based Convoy Global Holding, and including Schroders, Balderton Capital, Pentech Ventures, Armada Investment Group and Nigel Wray. The round is the largest raised in the UK FinTech sector since the Brexit vote in June. Founded in 2012, London-based Nutmeg has so far gathered […]

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ASI Data Science, a firm providing companies with Artificial Intelligence solutions, has reportedly closed a £1.5 million investment round. The London-based organisation advises and works with the likes of BBC, easyJet, Siemens, Tesco and Just Eat. It also runs an 8-week fellowship to train computer scientists in data science and data-engineering. According to the company’s website ASI […]

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A London-based startup that helps consumers make complaints and get refunds from companies has secured £2.8 million to rev up its research in Artificial Intelligence. Resolver raised a venture round  from  Draper Esprit and Imperial Innovations. The company, founded in 2014 by James Walker after he struggled to get a redress for a shoddy boiler repair, helps […]

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Google has acquired Eyefluence, a company developing eye-tracking tech for AR and VR headsets. The  acquisition was revealed on Eyefluence’s blog in a short post on 24 October. The precise terms of the deal—including the sum Google paid— have not been disclosed. California-based Eyefluence was founded three years ago  by serial entrepreneur Jim Marggraff, whose previous successful exits […]

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Yplan, an app that allows users to discover live events and book last-minute tickets, was acquired by lifestyle magazine publisher Time Out. The London-based startup was bought for £1.6 million, which could rise to £2 million depending on some future conditions. Rather than disbursing cash, Time Out carried out the deal by transferring 1,166,644 in […]

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Ravelin, a London-based startup that uses machine learning to spot and prevent fraud has raised £3 million in a funding round led by Playfair Capital. The VC firm, which has long been targeting its investments on AI companies, teamed up with Amadeus Capital, Passion Capital, Wonga’s creator Errol Damelin  and Paul Foster, founder of Indeed.com. Passion Capital had already […]

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London-based startup ComplyAdvantage, which uses machine learning to help financial institution adhere to anti-money laundering regulation, has raised $8.2 million in a Series A Round led by Balderton Capital. The company, founded  by Charles Delingpole in 2014  and  currently strong with 50 employees, is planning to use the funds to expand its operations across Europe and […]

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