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

ThingTrax, a London-based start-up operating in the Internet of Things space, has raised £250,000 in Seed in a round led by  Technology Venture Capital Investments and backed by AI Seed Fund and FOMCAP. Funded in April 2015, the company has taken part in the Startupbootcamp IoT’s programme; its product helps manufacturers “reduce unplanned downtime, increase operational efficiency, and […]

Global investments in Insurance technology were overwhelmingly directed to Artificial Intelligence and Internet of Things (IoT) startups as of 2016, a report by consultancy firm Accenture reveals. The survey , called “The Rise of InsurTech”, analysed 450 deals in the so-called InsurTech field—carried out between 2014 and 2016— finding  a 79 percent increase in the number […]

Internet of Things startup EVRYTHNG has raised  $24.8 million (£20 million) of funding in a Series B round led by Sway Ventures, a San Francisco-based VC firm, and backed by Bloc Ventures and Generation Ventures. Founded in 2011,  London-based EVRYTHNG is a data management platform that enables businesses and consumers to keep track of goods moving through the […]

There is a new exclusive club in Europe, and it is all about self-driving cars. European telco companies and automotive giants teamed up  to launch a joint initiative to foster automated driving and connected cities. The group,  unimaginatively called European Automotive-Telecom Alliance, includes household car-making names such as Audi, Renault,  BMW, Daimler, plus the European branches of Ford and Hyundai. […]

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