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

A London-based startup that helps consumers make complaints and get refunds from companies has secured £2.8 million to rev up its research in Artificial Intelligence. Resolver raised a venture round  from  Draper Esprit and Imperial Innovations. The company, founded in 2014 by James Walker after he struggled to get a redress for a shoddy boiler repair, helps […]

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Google has acquired Eyefluence, a company developing eye-tracking tech for AR and VR headsets. The  acquisition was revealed on Eyefluence’s blog in a short post on 24 October. The precise terms of the deal—including the sum Google paid— have not been disclosed. California-based Eyefluence was founded three years ago  by serial entrepreneur Jim Marggraff, whose previous successful exits […]

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Yplan, an app that allows users to discover live events and book last-minute tickets, was acquired by lifestyle magazine publisher Time Out. The London-based startup was bought for £1.6 million, which could rise to £2 million depending on some future conditions. Rather than disbursing cash, Time Out carried out the deal by transferring 1,166,644 in […]

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Ravelin, a London-based startup that uses machine learning to spot and prevent fraud has raised £3 million in a funding round led by Playfair Capital. The VC firm, which has long been targeting its investments on AI companies, teamed up with Amadeus Capital, Passion Capital, Wonga’s creator Errol Damelin  and Paul Foster, founder of Indeed.com. Passion Capital had already […]

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London-based startup ComplyAdvantage, which uses machine learning to help financial institution adhere to anti-money laundering regulation, has raised $8.2 million in a Series A Round led by Balderton Capital. The company, founded  by Charles Delingpole in 2014  and  currently strong with 50 employees, is planning to use the funds to expand its operations across Europe and […]

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Chinese investors have poured several million pounds into London accelerator Founders Factory to help foster AI companies in Europe and China. State-backed private equity fund CSC — which manages about $12 billion and injected $400 million in Angelist last year— teamed up with the accelerator-cum-incubator helmed by Brent Hoberman, Henry Lane Fox and Jim Meyerle to hire 60 […]

South Korean mobile colossus Samsung announced the acquisition of  Viv, a personal assistant startup founded by three of the inventors of Apple’s Siri. Silicon Valley-based Viv was launched in 2011 by Dag Kittlaus, Adam Cheyer and Chris Brigham, who had previously helped bringing about the iconic virtual servant dwelling in every iPhone. The financial terms of the […]

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Healthcare startup Healx has concluded a series A round from Amadeus Capital and healthcare entrepreneur Jonathan Milner, raising about £1.5 million ($1.9m) in total. The Cambridge-based company uses machine learning, genomics and data analytics to discover if known drugs can be repurposed to treat rare diseases. About 8,000 rare conditions—often linked to genetic features—  affect some 350 […]

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Aire, a London-based startup using Artificial Intelligence to create credit scores, has raised $2 million (£1.5m) in a new funding round led by White Star Capital. Early-stage VC firms Sunstone Capital and Accion Venture Lab also contributed to the round. The fintech startup was founded in 2014  by  Aneesh Varma, Jon Bundy and Srini Sundaram— with the […]

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The night Britain voted to leave the EU, on June 23, was one of shock, bafflement and panic. For many in the financial sector, it was also one of substantial loss of profits— as the pound plummeted to 1980s levels and some $2 trillion vanished from the global markets. Still, amid the chaos and the […]

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