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

Cambridge-based company Spectral Edge has raised £3.7 million in a Series A round, led from Parkwalk Advisors and IQ Capital, which had already invested in the company in the past. The company has developed a machine learning tool that can improve the quality of photos and videos on consumer devices in real-time. For instance, it could […]

London-based  Arkera, a FinTech company that is applying  Artificial Intelligence technology to personal investment, has raised £4 million in a round led by by XTX Markets and Alan Howard, and also backed by DOCOMO Digital, Henry Ritchotte and a number of other undisclosed investors. The sum, raised all in cash, will be invested in the further development […]

OpenSignal— a London-based company that gauges mobile networks’ speed gathering data from 100 million smartphones—has raised a £5.6 million  ($8 million) Series B Round from Octopus Ventures, according to TechCrunch.  The round was also backed by  Qualcomm Ventures, O’Reilly AlphaTech Ventures, and Passion Capital. The company had previously raised about £4 million between 2012 and 2014. Founded in […]

Soho-based startup Popsa has secured £2.2 million in a round led by  Pembroke Venture Capital Trust, plus a separate round of £800,000 from VC firm 500 Startups and advertising bigshot Sir John Hegarty. Founded in 2016 by current CEO Liam Houghton and co-founder Tom Cohen, the company wants to disrupt the photobook industry— and turf out companies […]

Durham-based fintech startup Atom Bank has raised a whopping £149 million ($206 million) funding round, led by Spanish bank BBVA. Atom Bank is a mobile-only bank—accessible online or through Android and iOS smartphone apps— catering to young consumers (18-34 year-old). It was founded in 2014 by Anthony Thomson, but was launched in earnest only in April […]

Cambridge-based company GeoSpock , a startup providing data analysis, insights, and predictions, has raised £4.8 million ($6.6 million) in a Series A round led by Cambridge Innovation Capital,  and also backed by Parkwalk advisors, Sir Micheal Marshall, Global Brain and 31 Ventures. So far, the company has raised about £10 million. Founded in 2013, the platform caters […]

Artificial Intelligence company Status Today has raised £2.8 million ($3.91 million) in a Seed round led by Saul Klein’s Local Globe , and backed by Firstminute Capital and Notion Capital. The company combines data and AI analysis to allow companies to keep track of how  their employees behave  in real time. “We are in the […]

Factmata, a London-based company working on machine learning technology able to counter  fake news online, has raised £700,000 ($1 million) in seed from a number of investors— although it has not released its product yet. The round was backed by high-profile personalities  such as Twitter cofounder Biz Stone and freedom of information activist  Craig Newmark. Past investors […]

Anorak Technologies, an AI-fuelled InsurTech startup, has raised a £4 million Seed funding round from Kamet Ventures, an  incubator backed by insurance giant AXA. Founded in 2017 by  David Vanek and Vincent Durnez, London-based Anorak harnesses  data science and machine learning to collect information about a user’s family, home, and income— and then suggest them the most appropriate type of insurance cover. Anorak’s system can allegedly scan and […]

AI-fuelled property management platform AskPorter has raised over £500,000 from a number of investors including former LSL Property’s director David Newnes, James Caan CBE, and Fasial Butt. An existing investor, PropTech VC firm Pi Labs also gave its follow-on commitment. Founded in late 2016 by Tom Shrive and Sam Tassell, the company emerged from Pi Labs’ pre-seed accelerator programme. […]

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