Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 231.660 Million
investment

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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Proptech company BrickVest has secured £2 million from angel investors including former Europe managing director of Colony Capital Jean-Romain Lhomme. The London-based company had already raised £800,000 in seed funding in 2015 and a £1 million venture round in April last year, plus an undisclosed amount of venture capital. Founded in 2014, BrickVest is a Europe-wide […]

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Rolling coverage of all the investments in British data science and AI companies throughout 2017, the year the UK starts to pull out of the European Union.    Total: £231.66 million raised as of July 2017     27 July 2017 –.Callsign, a platform using AI to provide authentication, has closed a £26.8 million Series A round led by […]

Snap Inc, the Los Angeles-based company that gave the world the instant videomessaging app Snapchat, is opening its European headquarters in London. In a statement, a Snap spokesperson commented on the new hub’s imminent debut explaining that “the UK’s strong creative industries make this a great place to build a global business.” The company, which is estimated […]

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Decision Tech, a London-based firm providing performance and data analytics, has bought electronics recycling comparison site comparemymobile.com for an undisclosed sum. The purchase will bolster Decision Tech’s portfolio— which includes broadbandchoices.co.uk and recently-bought sellmymobile.com. Founded in 2005 and backed by stage VC firm Business Growth Fund, the company claims to be the most popular price comparison service […]

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London-based company Expend has launched an investment-raising campaign on Crowdcube as it warms up for a full launch. The nine-employee-strong startup (which is based in the Shack15 co-working space) has created an app that allows businesses to handle company expenses in a much smoother way. Co-founders Johnny Vowles and Rudolph van Graan experienced firsthand the nightmare of […]

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Digital investment manager Nutmeg secured £30 million in a funding round led by Hong Kong-based Convoy Global Holding, and including Schroders, Balderton Capital, Pentech Ventures, Armada Investment Group and Nigel Wray. The round is the largest raised in the UK FinTech sector since the Brexit vote in June. Founded in 2012, London-based Nutmeg has so far gathered […]

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Tech City UK’s Future Fifty  is open for applications. The quango in charge of fostering the UK’s digital innovation sector is on the lookout for promising startups to join in the programme. The initiative will support fifty growth-stage trailblazing companies, by providing access to government officials, helping with promotion, and offering unique workshops and networking opportunities. Candidates […]

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