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

The UK Government has pledged £780 million to support innovation and new technologies on Friday. The funding will be distributed across eight Catapult centres around the country, focusing on various technologies, including a hybrid manufacturing process that combines 3D printing and computer controlled machining, clean tech and the development of gene therapy techniques to cure […]

Samsung has announced its plan to invest $22 billion (roughly £17 billion) in artificial intelligence (AI), auto components and other future businesses in the next three years. As part of their overall $160 billion (roughly £124 billion) plan, the South Korean tech giant said they will increase the number of researchers they had across its global AI centres in the UK, Canada, […]

Investments in AI, machine learning and robotic process automation (RPA) technology are set to reach $232 billion (roughly £176 billion) by 2025, a new report from KPMG has shown. The study suggests that, although AI technologies currently account for $12.4 billion (around £9.40 billion) of global investment, this number will skyrocket in the next three […]

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: £360.486 million raised in 2017     21 December 2017 –Fintech app Chip, a chatbot that helps users automatically save money from their bank accounts, has secured £1.078 million on crowdfunding […]

European startups raked in $12 billion in 2016, a figure roughly equal to 2015’s total investment, despite fears that a host of political upheavals might have begotten an annus horribilis.  An article on TechCrunch quotes a report by French investment consultancy Clipperton in partnership Digimind, which tallied investment into startups across the European continent—that includes Russia but excludes Israel. The report […]

Google has bought Limes Audio, a Swedish startup developing technologies to enhance the quality of voice calls, for an undisclosed amount. The deal was announced on Google’s blog on Thursday. In the post, Google Cloud’s Serge Lachapelle explained how the 10-year-old Sweden-based company will crucially contribute to upgrading the audio capabilities of Google Hangouts and Chromebox for Meetings. […]

Draper Esprit is one of Europe’s most dynamic Venture Capital firms. Founded in 2006 and a member of the global Draper VC network, the company has so far invested over $1 billion in 200 startups—including nibbling breakout company Graze, IoT  firm Movidius, and online fashion portal Lyst— and it pegs the overall value of its exits at $4 […]

ASI Data Science, a firm providing companies with Artificial Intelligence solutions, has reportedly closed a £1.5 million investment round. The London-based organisation advises and works with the likes of BBC, easyJet, Siemens, Tesco and Just Eat. It also runs an 8-week fellowship to train computer scientists in data science and data-engineering. According to the company’s website ASI […]

Subscribe to our newsletter