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

Russia’s Internet giant (aka “Russia’s Google”) Yandex has trialled its driverless Toyota Prius taxis in a snow-covered Russian road last weekend, notching up about 300 kilometres overall during the test. The trial, which involved two cars, was interesting in that it allowed to demo how self-driving vehicles would fare in a scenario other than sunny California’s highways. […]

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Artificial Intelligence and driverless technology featured prominently in UK Chancellor of the Exchequer Philip Hammond’s budget speech, in which he announced new investment and tax breaks for technology companies, in the latest bid to shore up the sector ahead of Brexit. Life sciences, immersive technology, 5G, and FinTech were other key fields Hammond mentioned in his […]

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Alphabet’s self driving car unit Waymo is about to launch a fully autonomous self-driving cab service. That means: there will be no human driver in the car to take over in case of an emergency— although, in the initial rollout phase, passengers will be welcomed by Waymo concierges in the back seat. Riding in the […]

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US carmaker Tesla is working together with semiconductor giant AMD to develop its own chips for carrying out autonomous driving tasks. The company—whose cars already sport the rather advanced driver assist system Autopilot— is reportedly in the process of testing the purpose-specific processors. Creating its own chips, although on top of AMD tech, will allow Tesla not to […]

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Two technology giants are poised to invest in rival ride-hailing companies, according to press reports. Japanese Internet colossus Softbank is allegedly mulling over a whopping $10 billion investment in Uber, while Alphabet (erstwhile Google)—which is currently embroiled in a court battle with Uber over self-driving car technology— could pour almost $1 billion in Lyft. According to The Wall […]

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US Authorities have ascertained that Tesla’s Autopilot technology played a role in a deathly crash between a Model S car and a truck. The National Transportation Safety Board (NTSB)  found that Tesla “lacked understanding” of some of its driver assist system’s limits. The regulatory body added that the crash should have never happened, as Tesla should have […]

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FiveAI, a British company working on self-driving cars, has raised £14 million in a Series A round led by Lakestar Capital and backed by Amadeus Capital Partners, Notion Capital and Kindred. The Cambridge-based startup—which also has offices in Oxford, Bristol, and Edinburgh —was founded in 2015 by Ben Peters, Stan Boland, Steve Allpress,  and John Redford. It focuses […]

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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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The UK government has announced it will start trials of partially autonomous trucks on British public roads by 2018. The lorries will test a technique called “platooning”, in which driverless vehicles trail a manned “lead truck”, following its cues to accelerate, brake and turn. That is achieved by allowing trucks to “talk” through a local wi-fi network. It […]

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Apple is reportedly working on a self-driving shuttle bus to run between its Cupertino headquarters and the nearby town of Palo Alto. According to the New York Times, the iPhone maker is going to test its autonomous driving software on a vehicle manufactured by a commercial carmaker; the bus’s official moniker will reportedly be PAIL […]

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