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

London-based fintech startup ABAKA has closed a £520,000 Seed round spearheaded jointly by Anthemis Exponential Ventures and MMI Holdings’ Exponential Ventures. Founded in January 2016, the savings platform helps employees manage their pension plan through their mobile devices. It employs an Artificial Intelligence advisor that harnesses neural networks to provide tailored advice. The fresh round of funding will […]

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Apple’s latest purchase is a Finnish company specialised in mapping indoor spaces. According to Bloomberg, the Cupertino-based tech titan has acquired Indoor.io, in a bid to enhance its mapping app’s accuracy and challenge Google’s increasing dominance in the sector. The value of the deal is still unknown. Indoor.io’s technology, if incorporated in Apple’s devices, would make […]

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London-based Finimize, a startup aimed at helping young people make sense of finance, has secured £450,000 in a seed funding round led by Passion Capital. Founded in 2015 by Max Rofagha and Scott Tindle, Finimize started off as a newsletter explaining financial news to millennials in a clear and accessible language. The idea was a discrete success, and […]

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Edinburgh-based flight comparison website Skyscanner has been acquired by its Chinese equivalent Ctrip.com for £1.4 billion. Founded in 2001 by Bonamy Grimes, Gareth Williams and Barry Smith, Skyscanner allows users to compare the prices for plane tickets, holiday accommodations and rental cars from a vast number of websites;  it reportedly clocks up 60 million active users every […]

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Uber-for-carers Cera has secured  £1.3 million in a seed round from investors including JustEat’s David Buttress, angel investor  Arnie Sriskandarajah, Lean Investments’ Tim Jackson, and Thomas Zeltner, erstwhile vice-chair of the World Health Organisation. The London-based startup was founded in November 2015 under the name Golden Era Club by doctor Ben Maruthappu and engineer-cum-entrepreneur Marek Sacha; the digital platform […]

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A London-based startup aiming to make it easier to obtain repeat prescriptions has raised a £1.8 million Seed Round led by LocalGlobe VC. Global Founders Capital was also among the backers. Founded in 2015 by two frustrated patients and officially launching today, Echo allows patients to order medicines via a specific app that asks a […]

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Digital investment manager Nutmeg secured £30 million in a funding round led by Hong Kong-based Convoy Global Holding, and including Schroders, Balderton Capital, Pentech Ventures, Armada Investment Group and Nigel Wray. The round is the largest raised in the UK FinTech sector since the Brexit vote in June. Founded in 2012, London-based Nutmeg has so far gathered […]

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ASI Data Science, a firm providing companies with Artificial Intelligence solutions, has reportedly closed a £1.5 million investment round. The London-based organisation advises and works with the likes of BBC, easyJet, Siemens, Tesco and Just Eat. It also runs an 8-week fellowship to train computer scientists in data science and data-engineering. According to the company’s website ASI […]

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