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

Five new AI (artificial intelligence) centres are set to open next year across the UK, backed by £50m in government funding, the gov.uk site announced on Tuesday. The centres will be based at universities, and NHS facilities in London, Glasgow, Oxford, Leeds and Coventry and are expected to be up and running at some point […]

Benevolent AI, the London-based company working on developing new drugs and treatments by harnessing artificial intelligence, has raised £82 million ($115 million) from a number of investors; the company is now valued at around £1.4 billion (or $2 billion.) Most of the cash reportedly came from undisclosed US investors , but the balance of raised […]

The data-sharing agreement between the Royal Free hospital and AI firm DeepMind, which resulted in 1.6 million patient data being  made available to the Alphabet-owned company, was in breach of UK’s Data Protection Act, the Information Commissioner’s Office (ICO) has found. The deal, which had been uncovered in 2016 by a New Scientist investigation, was part of […]

Alphabet-owned DeepMind has struck a deal with  Taunton and Somerset NHS Foundation Trust, which will now start using the AI lab’s healthcare app Streams in Musgrove Park Hospital. The contract follows similar, controversial partnerships with the Imperial College Healthcare NHS Trust and the Royal Free NHS Foundation Trust, which have adopted Streams to spot signs of […]

The World Health Organisation has called for Artificial Intelligence to be used to improve everybody’s healthcare, not only the wealthiest’s. WHO’s director general Margaret Chan raised the alarm during a talk at the United Nations’ AI Summit for Good, underlining that— while the richer countries are already benefitting from AI’s medical applications, others are being […]

London-based startup Babylon Health, an AI-powered healthcare app that offers virtual medical consultations, has secured $60 million (£46.7 million) in funding from a number of undisclosed investors— although the Financial Times reported that Egyptian billionaire dynasty Sawiris partook in the round. That brings Babylon’s overall funding to £85 million (£66 million), following a $25 million round led […]

Google DeepMind has struck a five-year deal with the Royal Free NHS Trust, which will grant it access to the medical data of 1.6 million patients, through its healthcare app. DeepMind— the London-based, Alphabet-owned Artificial Intelligence company— will roll-out the Streams app among the employees of the Royal Free in early 2017. Streams will notify healthcare […]

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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