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

London-based AI startup LabGenius, has raised £2.6 million in a Seed round led by Kindred Capital and Acequia Capital, and also backed by Berggruen Holdings Ltd, Backed VC, Beast Ventures and System.One. The round also included Microsoft’s former head of corporate strategy Charlie Songhurst, and angel investor Tom McInerney. Founded in 2012 by James Field and Rhys Algar, […]

Autologyx, a London-based startup that leverages Artificial Intelligence to automate business processes, has raised £1.5 million in a pre-Series A investment round led by Beacon Capital. The round was also backed by Angel CoFund and Richard Hargreaves, which are now going to join the company’s board as non-executive directors. Launched in 2011, Autologyx is a Software as a […]

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 […]

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 […]

European MPs called for the creation of new rules on robotics and artificial intelligence in order to guarantee safety and respect of “human dignity.” In a resolution passed on Thursday by 396 votes to 123, the European Parliament asked the Commission—the Union’s governing body— to take the lead on implementing robotics regulation, and set up […]

A robot using the same chips powering driverless cars solved a Rubik’s Cube in the record-busting time of 637 milliseconds— by comparison, the fastest human time is  4.9 seconds. The robot, called Sub1 Reloaded was designed by German semiconductor manufacturer Infineon and was first showcased at the Electronica fair in Munich. The robot first analyses the cube […]

Researchers in Japan have built a humanoid robot that sweats to cool down. A team from the University of Tokyo unveiled  Kengoro— a  1.7-metre tall, 57-kg robot able to do push-ups thanks to a complex system of motors. Since its compact structure had no room for usual cooling systems —such as cooling coils or fans— the scientists decided […]

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