Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 33.510 Million
data science

PwC has released a report called “Will robots steal our jobs?” It’s not the first report on the subject and it certainly won’t be the last. But coming from the world’s second-largest professional services firm, it deserves attention. (Disclosure: PwC is an occasional client of mine.) As you’d expect, the report offers a thorough and […]

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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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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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Beginning in October, new EU regulations will require manufacturers to fit all cars produced for sale in the European Economic Area with a device that, when it detects a crash, automatically requests emergency services and transmits data about the location of the vehicle, the direction it had been travelling in, and the time of the […]

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A US Artificial Intelligence startup has exited stealth mode and it is now on a quest to challenge the dominant AI paradigm. Boston-based Gamalon has created AI tech that does away with machine learning, embracing a technique known as Bayesian program synthesis. This makes it possible to build AI systems able to learn new concepts by being shown relatively few examples. Machine learning […]

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Cloud computing and customer relationship management company Salesforce has inaugurated a new CRM platform fuelled by advanced Artificial Intelligence. The service will combine Salesforce’s homebrewed AI technology Einstein with its Service Cloud tools , but it is understood that the company is poised to add AI capabilities to other services over time. Einstein is designed to […]

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