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

Callsign, a platform using AI to provide authentication, has closed a £26.8 million Series A round led by Accel and PTB Ventures, and backed by Allegis Capital and NightDragon Security. The company had previously raised a Seed round for an undisclosed amount in September 2016. Founded in 2012, Callsign has created a deep learning platform called […]

B-Secur, a Belfast-headquartered company working on biometric security solutions, has secured a  £3.5 million investment from various investors, including Accelerated Digital Ventures (ADV) and Kernel Capital. The company—which operates in the UK, US and Ireland, and is also a resident of the SHACK15 space in London— has created and patented various technologies using a person’s unique […]

British technology companies raked in £1.1 billion ($1.42 billion) in venture capital over the second quarter of 2017—a 23 percent increase from the sum raised in the first quarter (£890 million or $1.15 billion)— according to a report by KPMG Enterprise. The report found that London alone amassed £850 million ($1.1 billion) in VC money. The study, which […]

SHACK15 resident Sparrho, a platform leveraging Artificial Intelligence to help researchers discover relevant science publications, has raised $3  million (£2.3m) in a pre-Series A round led by White Cloud Capital. It is understood that the fresh round of cash will be used to fuel further product development. The London-based company, founded in 2013 by EF alum […]

Darktrace, the Cambridge-based company applying AI to cybersecurity, has raised  £58 million ($75m) in a Series D round led by Insight Venture Partners, and backed by existing investors Summit Partners, KKR, and TenEleven Ventures. The round brings the company’s valuation up to £640 million ($825m.) The company, a brainchild  of Cambridge researchers, uses machine learning to detect cyberthreats […]

Oxford University spin-off company Diffblue has raised $22 million  (£16.9 million) in a Series A round led by Goldman Sachs Principal Strategic Investments and backed by Oxford Sciences Innovations  and Oxford Technology and Innovations Fund. Founded in 2016, the company has developed  AI that is able to automate computer programming: according to the company’s description, the system […]

London-based startup Trint, a service providing voice-to-text transcription co-founded by journalist Jeff Kofman, has secured £2.3 million ($3.1 million) in a “pre-Series A” round led by Hong Kong-based fund Horizons Labs. Belgian investor Lorenz Bogaert, and Netlog founder Toon Coppens also backed the round. Founded in 2014, Trint uses machine learning and voice recognition to […]

London-based Mogees, the startup behind the smart microphone that uses machine learning to transform any vibration into original music, has raised £850,000 ($1.1 million) in seed funding from a group of investors including former Iglo Group CEO Elio Leoni Sceti, and Hotels4U founder Haim Perry. Mogees is planning to use the fresh injection of cash to roll […]

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