Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 343.535 Million
Investments

London-based Artificial Intelligence startup Genus AI has raised £750,000 in a Seed funding round led by early-stage investment fund Picus Capital. The round was also backed by Angelist’s Andy Chung; Charlie Songhurst, who had previously invested in identity verification company Onfido; and Matt Robinson, who launched GoCardless and Nested. Tadas Jucikas, Brent Clickard, and Tobias Kloepper founded the […]

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AI-powered customer marketing platform Ometria has raised £4.52 million ($6 million) in a Series A round spearheaded by American firm Summit Action, and backed by a syndicate of individual investors from the retail industry (such as Black & Decker’s George Buckley, and Amazon ex-MD Lance Batchelor, among several others.) The London-based company has so far raised £8.3 […]

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NearGroup, a company that developed a chatbot allowing users to find and connect with like-minded people nearby, has secured £1.2 million in a seed round led by London-based fund OpenOcean, and also backed by Neotribe and BoostVC. The product is geared towards Middle-Eastern or Asian countries where picture-based dating apps are not easy or safe to […]

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Crowdfunding  website Seedrs has hit a valuation of £50 million after running its own crowdfunding campaign , raking in £6 million. That follows a £4 million investment the company raised in September from Woodford Investment Management . According to Seedrs, over 2000 of its users partook in the crowdfunding, with the most active investors hailing […]

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Two technology giants are poised to invest in rival ride-hailing companies, according to press reports. Japanese Internet colossus Softbank is allegedly mulling over a whopping $10 billion investment in Uber, while Alphabet (erstwhile Google)—which is currently embroiled in a court battle with Uber over self-driving car technology— could pour almost $1 billion in Lyft. According to The Wall […]

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Startup factory Entrepreneur First has secured £9.4 million ($12.4 million) from a string of backers led by Silicon Valley VC firm Greylock Partners, and including the cofounders of Alphabet-owned AI powerhouse DeepMind. Founded by Matt Clifford and Alice Bentinck in 2011, and based in London and Singapore, EF is pioneering a new type of technology […]

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FiveAI, a British company working on self-driving cars, has raised £14 million in a Series A round led by Lakestar Capital and backed by Amadeus Capital Partners, Notion Capital and Kindred. The Cambridge-based startup—which also has offices in Oxford, Bristol, and Edinburgh —was founded in 2015 by Ben Peters, Stan Boland, Steve Allpress,  and John Redford. It focuses […]

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Prowler.io, a Cambridge-based startup that is building an Artificial Intelligence platform able to make decisions, has raised £10 million ($13 million) in a Series A round from Cambridge Innovation Capital and Atlantic Bridge Capital. Passion Capital, Amadeus Capital Partners and SGInnovate also backed the round. A brainchild of Aleksi Tukiainen,  Dongho Kim and Vishal Chatrath (the latter two […]

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London-based AI startup SentiSum has raised  £540,000 in a Seed round from a number of investors including Angels in the City and a group of investors from angel investor network LBA. Ascension Ventures, 500 Startups and London Co-Investment Fund also partook in the round. Founded in 2015 by Oleksander Bondarev and Sharad Khandelwal, the company has […]

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