Data Science Investment Counter —Funding raised by UK data science companies in 2017.
£ 360.486 Million
machine learning

Berkshire-based data science company Exonar has secured £1.25 million in a seed round led by Winton Group and Amadeus Capital, and backed by private angels. The company, founded in 2012 and headquartered in Newbury, uses machine learning models to help companies make sense of their data, and extract information without incurring security vulnerabilities. Following the round, […]

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The Royal Society has published a 125-page report on machine learning, urging the government to invest in the technology and to foster its applications by making even larger datasets open and available to researchers and businesses. The London-based science organisation engaged in dialogues with experts, investors and the general public —whose attitudes towards machine learning was […]

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A London-based hedge fund controlling $28.8 billion (£22.5 billion) of assets is looking into machine learning, Business Insider reports. Man GLG, a fund founded in 1995 and now active in eight countries, has inaugurated the new position of “head of machine learning”, who will be in charge of scaling up the company’s machine learning firepower— with particular […]

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Artificial Intelligence, machine learning and robotics are still attracting investors to London despite Brexit fears, a new report reveals. The research, compiled by the founders of London Tech Week, highlights how London-based AI and machine learning companies have been able to secure a whopping £85.75 million in 2016, a twenty-fold increase from 2011’s investment levels. Over […]

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Facebook has announced to be working on a technology that could allow people to type by just thinking about something. The revelation emerged during the social network’s annual F8 conference in San Jose, last Wednesday. According to Recode, Regina Dugan, who is in charge of Facebook’s moonshot factory Building 8, asked,”What if you could type directly from your brain?” […]

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Tenzo, an app using data analysis and machine learning to help restaurateurs run their business efficiently, has raised a £600,000 Seed round backed by Acequia Capital and Force Over Mass, alongside angels Charlie Songhurst, Michael Orland and Getti Restaurants. The company, founded in London in February 2016 by Hummus Bros.’s cofounder Christian Mouysset and engineer Adam Taylor, had previously […]

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Alphabet is already helping us translate words, work out directions and spot spelling mistakes —besides, obviously, find answers. What’s next? Apparently, transforming our horrible doodles into decent images. Google developers have just unveiled their latest feat, called AutoDraw. The system relies on Artificial Intelligence to make drawing simple: users can jot down their sketches on blank slates, and the […]

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DeepMind’s AI-powered Go player AlphaGo will challenge the world champion of the ancient strategy board game during a summit in China later this year. Last year, the Google-owned London-based Artificial Intelligence lab made headlines after AlphaGo’s triumphed over professional player Lee Sedol in a five-game Go match. Now, the AI powerhouse announced a new partnership with China Go […]

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Google’s bot-detecting technology reCAPTCHA is going invisible. The system, used by millions of websites across the Web, is used to recognise human users and filter out automated web crawlers; its interface is familiar to whoever has surfed the Internet in the last decade: it can variably ask users to make sense of slightly warped words or numbers, to […]

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Alphabet confirmed that it has acquired Kaggle, an online community for data scientists and machine learning researchers. Following rumour about the deal earlier this week, the Mountain View-based tech giant has eventually confirmed the acquisition—although it has so far declined to disclose the financial details of the transaction. Founded in 2010, Kaggle can boast over half […]

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