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

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 […]

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 […]

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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. […]

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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 […]

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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 […]

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Yplan, an app that allows users to discover live events and book last-minute tickets, was acquired by lifestyle magazine publisher Time Out. The London-based startup was bought for £1.6 million, which could rise to £2 million depending on some future conditions. Rather than disbursing cash, Time Out carried out the deal by transferring 1,166,644 in […]

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Healthcare startup Healx has concluded a series A round from Amadeus Capital and healthcare entrepreneur Jonathan Milner, raising about £1.5 million ($1.9m) in total. The Cambridge-based company uses machine learning, genomics and data analytics to discover if known drugs can be repurposed to treat rare diseases. About 8,000 rare conditions—often linked to genetic features—  affect some 350 […]

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