Data Science Investment Counter —Funding raised by UK data science companies in 2018.
£ 5.640 Million
data science

Facebook’s CEO Mark Zuckerberg announced he does not have any plans to appear before the UK Parliament’s Digital, Culture, Media and Sport Committee to give evidence about the Cambridge Analytica scandal. The snub follows threats of an official summons, and a hearing given by Facebook’s CTO Mike Schroepfer, which the Committee found to be unsatisfactory. Following […]

Launching a company is no small feat. Running it, though, and hopefully steering it on a successful course, is even harder. While London is close to be the ideal place to be a startup founders, even the best have to come to grips with challenges and work hard to reach important milestones. What are the […]

  Crowd-intelligence platform Streetbees has secured £8.6 million in a Series A funding round led by British Venture Capital firm Atomico. The round was also backed by Streetbees’s  previous investors LocalGlobe, Octopus and BGF Ventures. The London-based company uses mobile geolocation and social media to collect feedback and trends about brands and businesses from a crowd of users (“bees”) the […]

UK charity Privacy International has revealed that British intelligence services are harvesting and storing the personal information of millions of social media users—and sharing it with foreign governments, police forces and companies. The documents obtained by the advocacy group also highlighted that the IPCO — a governmental  body overseeing the actions of intelligence agencies— had not been informed […]

Meltwater CEO Jorn Lyseggen thinks that companies should stop navel-gazing over their lagging internal  data —from last year’s financials, to last quarter’s sales figures— and extend their gaze outside, gathering data with the potential to reveal key information about their competitors, their customers, and the market’s general direction. That is essentially the central thesis of […]

NearGroup, a company that developed a chatbot allowing users to find and connect with like-minded people nearby, has secured £1.2 million in a seed round led by London-based fund OpenOcean, and also backed by Neotribe and BoostVC. The product is geared towards Middle-Eastern or Asian countries where picture-based dating apps are not easy or safe to […]

Rogue Artificial Intelligences can be concocted by fiddling with training data, scientists have found. A group of researchers from the New York University have discovered that manipulating the datasets used to train neural networks may result in  the creation of malicious AI systems. At the core of this issue, the researchers say, is the fact that a growing […]

The public is not ready to board on self-flying airplanes, a survey by bank UBS revealed. It is widely believed that pilotless planes would be cheaper —some estimates project they would save airlines over $30 billion (£23 bln) a year in fuel, salaries and training— and recent technological advances could make them a reality sooner than expected. […]

London-based transport planning app Citymapper has been authorised to launch its own night bus in East London, Business Insider reveals. The city’s transport authority TfL has green-lighted  Citymapper’s request to run a bus route between Aldgate East and Highbury & Islington. The—green—bus will stop at Highbury & Islington Station, Dalston Junction, Kingsland Road, Shoreditch High Street, and […]

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