Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 231.660 Million
Investments

Internet of Things startup EVRYTHNG has raised  $24.8 million (£20 million) of funding in a Series B round led by Sway Ventures, a San Francisco-based VC firm, and backed by Bloc Ventures and Generation Ventures. Founded in 2011,  London-based EVRYTHNG is a data management platform that enables businesses and consumers to keep track of goods moving through the […]

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London-based AI startup Streetbees has secured  $5.1 million (£4.1million) in a Seed round led by BGF Ventures, and backed by Octopus Ventures and LocalGlobe. Founded in 2015, the company is essentially a worldwide market research platform: it combines Artificial Intelligence, social media mining and geolocation tech to harvest information from consumers and transform it into insights […]

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Alphabet confirmed that it has acquired Kaggle, an online community for data scientists and machine learning researchers. Following rumour about the deal earlier this week, the Mountain View-based tech giant has eventually confirmed the acquisition—although it has so far declined to disclose the financial details of the transaction. Founded in 2010, Kaggle can boast over half […]

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LoopMe, a London-based digital advertising startup powered by Artificial Intelligence, has raised £8.1 million ($10 million) in a Series A Round led by Impulse VC and Harbert European Growth Capital. Other backers included Holzbrinck Ventures and Open Ocean Capital. Founded in 2012 by Marco Van de Bergh and Stephen Upstone, the company uses AI algorithms to learn […]

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Proptech company BrickVest has secured £2 million from angel investors including former Europe managing director of Colony Capital Jean-Romain Lhomme. The London-based company had already raised £800,000 in seed funding in 2015 and a £1 million venture round in April last year, plus an undisclosed amount of venture capital. Founded in 2014, BrickVest is a Europe-wide […]

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Augmented Reality startup Zappar has raised £3 million ($3.75 million)  in a Series A round led by London-based investment fund Hargreave Hale. Brandtech group You & Mr Jones, and Chinese game publisher iDreamSky also took part in the round. London-based Zappar is expected to invest the fresh funds into developing new products and expanding business abroad. More […]

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Meltwater has acquired Oxford University’s spin-off Wrapidity, a startup using artificial intelligence to speed up data extraction from the web. Meltwater—a data science leader that provides companies with crucial insights gleaned from the Internet (and the backer of Shack15 News)— thinks Wrapidity’s technology will help it enhance its analytics software, and effectively handle the increasing […]

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DigitalBridge, a computer vision company that allows consumers to “try on” how home decor would look like in their homes, has closed a £700,000 investment round — and it is now about to launch its platform in partnership with a number of retailers. The new round brought together several private investors, and it was spearheaded […]

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British security company Sophos has bolstered its machine learning capabilities after the acquisition of American malware detection startup Invincea for $100 million (£80m). Further $20 million could be added to the deal depending on first year revenues. Abingdon-based Sophos believes the purchase will help it expand its presence in the  US government, healthcare and financial services sectors. The […]

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US neighbourhood-wide social network Nextdoor has acquired its British counterpart Streetlife in a “multi-million pound” deal, multiple sources report. The purchase follows the launch of Nextdoor in the UK (and in the Netherlands) four months ago. It is understood that Streetlife’s 1,5 million users will be invited to join Nextdoor prior to Streetlife’s eventual shutoff; the […]

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