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

London-based machine learning startup GTN has raised £2.1 million in a Seed round led by  Octopus Ventures and Pentech, and also backed by Entrepreneur First . Founded in 2017 by Noor Shaker and Vid Stojevic, the company is using AI tech and quantum physics to discover new drugs. According to GTN, bringing a novel drug to the […]

London-based data storage firm StorageOS has secured £5.9 million ($8 million) in a Series A round led by Bain Capital Ventures and also backed by MMC Ventures and 645 Ventures. The fresh trove of cash will now be invested in further develop the company’s product, and drive its global sales. Founded in 2015 by Alex Chircop, Chris […]

London-based fintech startup Revolut has raised a staggering £180 million ($250 million) Series C round led by Hong Kong’s DST Global and backed by a number of new and old investors including Index Ventures, and Ribbit Capital. The company offers a range of digital banking services and it is also popular among cryptocurrency traders. Founded by Russian […]

Media-monitoring firm Meltwater has added another  startup to its string of recent acquisitions in the social media analytics and AI space. Originally founded in Norway but now headquartered in San Francisco, Meltwater has announced the acquisition of Sysomos— one of the globe’s leaders in social analytics and engagement—for an as yet undisclosed amount. Based in […]

Benevolent AI, the London-based company working on developing new drugs and treatments by harnessing artificial intelligence, has raised £82 million ($115 million) from a number of investors; the company is now valued at around £1.4 billion (or $2 billion.) Most of the cash reportedly came from undisclosed US investors , but the balance of raised […]

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 […]

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