Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 342.935 Million
artificial intelligence

Intel has gifted Artificial Intelligence researchers with a new set of free tools. During an AI Conference in San Francisco, the chipmaking giant announced the new Nervana DevCloud, a cloud platform where developers, researchers and startups will be able to experiment with hardware and software tools for their AI projects. The platform’s compute power will be provided by Intel’s Xeon processors. […]

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Prowler.io, a Cambridge-based startup that is building an Artificial Intelligence platform able to make decisions, has raised £10 million ($13 million) in a Series A round from Cambridge Innovation Capital and Atlantic Bridge Capital. Passion Capital, Amadeus Capital Partners and SGInnovate also backed the round. A brainchild of Aleksi Tukiainen,  Dongho Kim and Vishal Chatrath (the latter two […]

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Sherpa, a UK-based startup that uses Artificial Intelligence to provide price comparison for insurance products, has raised £1.79 million ($2.3 million) in Seed from InsurTech.VC, alongside several angel investors. The company leverages the power of AI to build a tailored risk profile for each user, and keep them updated regarding changes in risk and in the cost […]

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The Chinese government is upping its Artificial Intelligence game , after launching a massive investment plan in the technology. According to the MIT Technology Review, China’s State Council has announced a plan to build the national AI industry into a $150 billion behemoth, with the goal of making the country the world’s leader by 2030. According to […]

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Google has announced Developers Launchpad Studio, a new six-month programme to foster and support Artificial Intelligence and machine learning companies. Startups, from early to post-Series B stage, can apply by August 31, by submitting a 15-page pitch. Companies  accepted into the programme will receive assistance with product development and validation, networking opportunities with AI investment big shots, […]

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Callsign, a platform using AI to provide authentication, has closed a £26.8 million Series A round led by Accel and PTB Ventures, and backed by Allegis Capital and NightDragon Security. The company had previously raised a Seed round for an undisclosed amount in September 2016. Founded in 2012, Callsign has created a deep learning platform called […]

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Apple has inaugurated an online journal where its engineers can publish their research on machine learning. “Here, you can read posts written by Apple engineers about their work using machine learning technologies to help build innovative products for millions of people around the world,” the new website’s homepage reads. The first featured study  had already been partially […]

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The House of Lords’ Select Committee on AI has put out a “call for evidence” on the implications of artificial intelligence— from an economic, ethical, and social point of view. The Committee, which was appointed on 29 June, wants companies and individuals to come forward and provide insights on several questions related to the rise of […]

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Darktrace, the Cambridge-based company applying AI to cybersecurity, has raised  £58 million ($75m) in a Series D round led by Insight Venture Partners, and backed by existing investors Summit Partners, KKR, and TenEleven Ventures. The round brings the company’s valuation up to £640 million ($825m.) The company, a brainchild  of Cambridge researchers, uses machine learning to detect cyberthreats […]

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