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

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 […]

When it comes to smart personal assistant, Facebook is still small fry: in a scene dominated by voice-powered heavyweights such Amazon Alexa and Google Assistant, you might be forgiven for not knowing that the Menlo Park-based company also has its own virtual helper programme. Called M, the Artificial Intelligence bot is built on top of […]

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 […]

Subscribe to our newsletter