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

Decision Tech, a London-based firm providing performance and data analytics, has bought electronics recycling comparison site comparemymobile.com for an undisclosed sum. The purchase will bolster Decision Tech’s portfolio— which includes broadbandchoices.co.uk and recently-bought sellmymobile.com. Founded in 2005 and backed by stage VC firm Business Growth Fund, the company claims to be the most popular price comparison service […]

FoodTech multinational Just Eat has purchased its erstwhile competitor hungryhouse from Delivery Hero for £200 million. The acquisition will be mainly funded through cash and credit facilities, while an additional amount of £40 million could be paid depending on hungryhouse’s performance between the signing and the completion of the transaction. It is understood that the […]

Draper Esprit is one of Europe’s most dynamic Venture Capital firms. Founded in 2006 and a member of the global Draper VC network, the company has so far invested over $1 billion in 200 startups—including nibbling breakout company Graze, IoT  firm Movidius, and online fashion portal Lyst— and it pegs the overall value of its exits at $4 […]

London-based news intelligence startup Signal Media has closed a £5.8 Series A Round backed by MMC Ventures, Hearst Ventures, Frontline Ventures, Reed Elsevier Ventures and LocalGlobe— and it is now looking to boost its Artificial Intelligence capabilities. Founded in 2013 by CEO David Benigson, Signal uses AI to monitor the world’s media and extract relevant knowledge for its […]

London-based fintech startup ABAKA has closed a £520,000 Seed round spearheaded jointly by Anthemis Exponential Ventures and MMI Holdings’ Exponential Ventures. Founded in January 2016, the savings platform helps employees manage their pension plan through their mobile devices. It employs an Artificial Intelligence advisor that harnesses neural networks to provide tailored advice. The fresh round of funding will […]

Apple’s latest purchase is a Finnish company specialised in mapping indoor spaces. According to Bloomberg, the Cupertino-based tech titan has acquired Indoor.io, in a bid to enhance its mapping app’s accuracy and challenge Google’s increasing dominance in the sector. The value of the deal is still unknown. Indoor.io’s technology, if incorporated in Apple’s devices, would make […]

London-based Finimize, a startup aimed at helping young people make sense of finance, has secured £450,000 in a seed funding round led by Passion Capital. Founded in 2015 by Max Rofagha and Scott Tindle, Finimize started off as a newsletter explaining financial news to millennials in a clear and accessible language. The idea was a discrete success, and […]

Edinburgh-based flight comparison website Skyscanner has been acquired by its Chinese equivalent Ctrip.com for £1.4 billion. Founded in 2001 by Bonamy Grimes, Gareth Williams and Barry Smith, Skyscanner allows users to compare the prices for plane tickets, holiday accommodations and rental cars from a vast number of websites;  it reportedly clocks up 60 million active users every […]

Uber-for-carers Cera has secured  £1.3 million in a seed round from investors including JustEat’s David Buttress, angel investor  Arnie Sriskandarajah, Lean Investments’ Tim Jackson, and Thomas Zeltner, erstwhile vice-chair of the World Health Organisation. The London-based startup was founded in November 2015 under the name Golden Era Club by doctor Ben Maruthappu and engineer-cum-entrepreneur Marek Sacha; the digital platform […]

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