Data Science Investment Counter —Funding raised by UK data science companies in 2017 as of today
£ 280.765 Million
self-driving cars

Alphabet’s driverless car subsidiary Waymo is planning to launch a self-driving ride-sharing service with no human backup driver by the end of 2017, technology website The Information reports. According to anonymous sources, Waymo is warming up to kick-start the programme in the Phoenix area over the next few months— and apparently the order to go ahead […]

image-134

US carmaker Tesla is working together with semiconductor giant AMD to develop its own chips for carrying out autonomous driving tasks. The company—whose cars already sport the rather advanced driver assist system Autopilot— is reportedly in the process of testing the purpose-specific processors. Creating its own chips, although on top of AMD tech, will allow Tesla not to […]

image-29

Two technology giants are poised to invest in rival ride-hailing companies, according to press reports. Japanese Internet colossus Softbank is allegedly mulling over a whopping $10 billion investment in Uber, while Alphabet (erstwhile Google)—which is currently embroiled in a court battle with Uber over self-driving car technology— could pour almost $1 billion in Lyft. According to The Wall […]

image-28

US Authorities have ascertained that Tesla’s Autopilot technology played a role in a deathly crash between a Model S car and a truck. The National Transportation Safety Board (NTSB)  found that Tesla “lacked understanding” of some of its driver assist system’s limits. The regulatory body added that the crash should have never happened, as Tesla should have […]

image-27

FiveAI, a British company working on self-driving cars, has raised £14 million in a Series A round led by Lakestar Capital and backed by Amadeus Capital Partners, Notion Capital and Kindred. The Cambridge-based startup—which also has offices in Oxford, Bristol, and Edinburgh —was founded in 2015 by Ben Peters, Stan Boland, Steve Allpress,  and John Redford. It focuses […]

image-24

Prowler.io, a Cambridge-based startup that is building an Artificial Intelligence platform able to make decisions, has raised £10 million ($13 million) in a Series A round from Cambridge Innovation Capital and Atlantic Bridge Capital. Passion Capital, Amadeus Capital Partners and SGInnovate also backed the round. A brainchild of Aleksi Tukiainen,  Dongho Kim and Vishal Chatrath (the latter two […]

21371141_1883406558543822_8189377657162972383_n

The UK government has announced it will start trials of partially autonomous trucks on British public roads by 2018. The lorries will test a technique called “platooning”, in which driverless vehicles trail a manned “lead truck”, following its cues to accelerate, brake and turn. That is achieved by allowing trucks to “talk” through a local wi-fi network. It […]

Screen Shot 2017-08-25 at 12.28.22

Apple is reportedly working on a self-driving shuttle bus to run between its Cupertino headquarters and the nearby town of Palo Alto. According to the New York Times, the iPhone maker is going to test its autonomous driving software on a vehicle manufactured by a commercial carmaker; the bus’s official moniker will reportedly be PAIL […]

image-18

Electric carmaker Tesla is planning to create electric trucks able to drive themselves and to coordinate with other vehicles  to move in formation, Reuters reports. That transpired from email conversations between the company led by global-moonshooter-in-chief Elon Musk and the Nevada Department of Motor Vehicles (DMV). “Our primary goal is the ability to operate our prototype […]

image-12

Welsh company Academy of Robotics has gathered £292,930 in crowdfunding to develop its self-driving vehicle Kar-Go. The company, based in Aberystwyth, has conceived an AI-powered pod that would use a blend of machine vision, sensors and offline map analysis to autonomously deliver packages in residential areas. Founded in 2015 by William Sachiti,  Academy of Robotics got its […]

image-14
Subscribe to our newsletter