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

ThingTrax, a London-based start-up operating in the Internet of Things space, has raised £250,000 in Seed in a round led by  Technology Venture Capital Investments and backed by AI Seed Fund and FOMCAP. Funded in April 2015, the company has taken part in the Startupbootcamp IoT’s programme; its product helps manufacturers “reduce unplanned downtime, increase operational efficiency, and […]

Brexit might jeopardise British venture capitalists’ access to a European fund which funnels billions into the industry. According to Business Insider, the European Investment Fund (EIF) has put on hold its contributions to several  VC firms, including Seedcamp, Dawn Capital, Hoxton Ventures and Episode 1 Ventures, which are now on the lookout for new sources of funding. […]

London-based AI startup Vivacity Labs has secured a £1.6 million funding round from Downing Ventures, Tracsis and the London Co-Investment Fund. Founded in late 2015 by Mark Nicholson, the company is developing AI-powered cameras to make it possible to regulate vehicle traffic in real time— a tool that could speed up the advent of self-driving cars. […]

Processor manufacturer Graphcore  revealed to have received an investment from multinational computer tech giant Dell, via its venture arm Dell Technologies Capital. Dell had already backed the Bristol-based startup in its £25 million Series A round in October 2016— together with corporate investors Bosch and Samsung and VC firms Amadeus, Foundation, Pitango, Draper Esprit and C4 […]

Amazon is set to launch a new UK R&D centre in the university city of Cambridge. The new 5500 square-metre office will open in an office building next to Cambridge’s train station. The tech giant already runs  another research facility in the city centre, which—once the new office starts working— is going to start focussing […]

London-based analytics startup Decibel Insight has secured £7 million ($9 million) in a Series A round led by Eight Road Ventures, and  also backed by Ventureforgood. The company, which uses machine learning to understand how company’s customers behave online, boasts world-class brands such as Lego, General Motors and Gucci among its clients. It is now […]

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, […]

London-based startup Babylon Health, an AI-powered healthcare app that offers virtual medical consultations, has secured $60 million (£46.7 million) in funding from a number of undisclosed investors— although the Financial Times reported that Egyptian billionaire dynasty Sawiris partook in the round. That brings Babylon’s overall funding to £85 million (£66 million), following a $25 million round led […]

Subscribe to our newsletter