Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 280.765 Million
Investments

Amazon is set to launch a new UK R&D centre in the university city of Cambridge. The new 5500 square-metre office will open in an office building next to Cambridge’s train station. The tech giant already runs  another research facility in the city centre, which—once the new office starts working— is going to start focussing […]

image-156

London-based analytics startup Decibel Insight has secured £7 million ($9 million) in a Series A round led by Eight Road Ventures, and  also backed by Ventureforgood. The company, which uses machine learning to understand how company’s customers behave online, boasts world-class brands such as Lego, General Motors and Gucci among its clients. It is now […]

image-157

Berkshire-based data science company Exonar has secured £1.25 million in a seed round led by Winton Group and Amadeus Capital, and backed by private angels. The company, founded in 2012 and headquartered in Newbury, uses machine learning models to help companies make sense of their data, and extract information without incurring security vulnerabilities. Following the round, […]

image-154

London-based startup Babylon Health, an AI-powered healthcare app that offers virtual medical consultations, has secured $60 million (£46.7 million) in funding from a number of undisclosed investors— although the Financial Times reported that Egyptian billionaire dynasty Sawiris partook in the round. That brings Babylon’s overall funding to £85 million (£66 million), following a $25 million round led […]

image-150
image-149

Artificial Intelligence, machine learning and robotics are still attracting investors to London despite Brexit fears, a new report reveals. The research, compiled by the founders of London Tech Week, highlights how London-based AI and machine learning companies have been able to secure a whopping £85.75 million in 2016, a twenty-fold increase from 2011’s investment levels. Over […]

image-144

Tenzo, an app using data analysis and machine learning to help restaurateurs run their business efficiently, has raised a £600,000 Seed round backed by Acequia Capital and Force Over Mass, alongside angels Charlie Songhurst, Michael Orland and Getti Restaurants. The company, founded in London in February 2016 by Hummus Bros.’s cofounder Christian Mouysset and engineer Adam Taylor, had previously […]

image-143

Global investments in Insurance technology were overwhelmingly directed to Artificial Intelligence and Internet of Things (IoT) startups as of 2016, a report by consultancy firm Accenture reveals. The survey , called “The Rise of InsurTech”, analysed 450 deals in the so-called InsurTech field—carried out between 2014 and 2016— finding  a 79 percent increase in the number […]

image-140

Gloucestershire-based data analytics startup Ripjar has raised £3.75 million in follow-up  funding from Winston Venture— the VC chapter of data-science-driven investor group Winton. The startup had previously  raised an undisclosed sum from Winton in May 2016, plus £15,000 in Seed funding in 2015. Founded in 2012 by a team of erstwhile GCHQ engineers, Ripjar gleans useful […]

image-139

A London-based startup has launched an online platform to allow companies, media outlets and common users to transform data into visual stories. The company, called Flourish, has already secured £800,000 ($1 million) in funding from British VC firm LocalGlobe and US’s Founder Collective. Flourish was founded in March 2016 by former data journalist Duncan Clark and […]

image-138
Subscribe to our newsletter