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

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 […]

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London-based VC firm Octopus Ventures has raised a fresh tranche of £120 million to invest in British Artificial Intelligence startups. Founded in 2007, the firm has famously backed some of the UK’s most accomplished AI startups, including Swiftkey, Magic Pony and Evi Technologies— which went on to be acquired by Microsoft, Twitter and Amazon respectively. (Evi’s tech […]

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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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