Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 342.935 Million
london

British technology startups secured more venture capital money from Silicon Valley than companies in any other major European countries,  despite a looming Brexit. Over the last five years, according to London& Partners, UK tech companies bagged more Bay Area investment than France, Germany and Ireland combined. In that period, London technology startups raised $2.5 billion (£1.9 billion); the […]

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London Uber users could be in for a fare hike as the capital’s transport authority is pondering to increase the company’s operating licence from £2.800 to  £2 million over five years. Transport for London (TfL) is reassessing its rules on licensing for minicab operators: right now, every company in London pays the same fee regardless of […]

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The UK is about to start a review of the impact of artificial intelligence  on the country’s economy. The review, which is part of Whitehall’s new Digital Strategy, will be carried out by University of Southampton’s computer science professor Wendy Hall, and the CEO of artificial intelligence startup BenevolentAI, Jerome Pesenti. According to WIRED UK, the review will […]

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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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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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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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Most of the times we go to see the doctor, we  do not really need to. Only in the UK, up to 90 percent of GP consultations are due to minor ailments, most of them treatable with self-care. This takes precious time away from hard-pressed practitioners, but you can hardly blame patients for turning to experts […]

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A city is more than the sum of its roads and buildings. Its reality is shaped by structural elements such as the quantity of green spaces it boasts; by entrenched trends, like air pollution, traffic patterns, and population density; and by contingent circumstances as, for instance, the mood and sentiment of its dwellers. Collecting this […]

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Google DeepMind has created a program able to navigate the London Underground by combining deep learning and a computerised short-term memory. The London-based company published a paper on Nature detailing the invention of a “differentiable neural computer” (DNC), a system that overcomes the limitations of standard neural networks. Neural networks are algorithms—modelled after biological neurons—which are […]

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Chinese investors have poured several million pounds into London accelerator Founders Factory to help foster AI companies in Europe and China. State-backed private equity fund CSC — which manages about $12 billion and injected $400 million in Angelist last year— teamed up with the accelerator-cum-incubator helmed by Brent Hoberman, Henry Lane Fox and Jim Meyerle to hire 60 […]

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