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

LoopMe, a London-based digital advertising startup powered by Artificial Intelligence, has raised £8.1 million ($10 million) in a Series A Round led by Impulse VC and Harbert European Growth Capital. Other backers included Holzbrinck Ventures and Open Ocean Capital. Founded in 2012 by Marco Van de Bergh and Stephen Upstone, the company uses AI algorithms to learn […]

Proptech company BrickVest has secured £2 million from angel investors including former Europe managing director of Colony Capital Jean-Romain Lhomme. The London-based company had already raised £800,000 in seed funding in 2015 and a £1 million venture round in April last year, plus an undisclosed amount of venture capital. Founded in 2014, BrickVest is a Europe-wide […]

Augmented Reality startup Zappar has raised £3 million ($3.75 million)  in a Series A round led by London-based investment fund Hargreave Hale. Brandtech group You & Mr Jones, and Chinese game publisher iDreamSky also took part in the round. London-based Zappar is expected to invest the fresh funds into developing new products and expanding business abroad. More […]

Meltwater has acquired Oxford University’s spin-off Wrapidity, a startup using artificial intelligence to speed up data extraction from the web. Meltwater—a data science leader that provides companies with crucial insights gleaned from the Internet (and the backer of Shack15 News)— thinks Wrapidity’s technology will help it enhance its analytics software, and effectively handle the increasing […]

DigitalBridge, a computer vision company that allows consumers to “try on” how home decor would look like in their homes, has closed a £700,000 investment round — and it is now about to launch its platform in partnership with a number of retailers. The new round brought together several private investors, and it was spearheaded […]

British security company Sophos has bolstered its machine learning capabilities after the acquisition of American malware detection startup Invincea for $100 million (£80m). Further $20 million could be added to the deal depending on first year revenues. Abingdon-based Sophos believes the purchase will help it expand its presence in the  US government, healthcare and financial services sectors. The […]

US neighbourhood-wide social network Nextdoor has acquired its British counterpart Streetlife in a “multi-million pound” deal, multiple sources report. The purchase follows the launch of Nextdoor in the UK (and in the Netherlands) four months ago. It is understood that Streetlife’s 1,5 million users will be invited to join Nextdoor prior to Streetlife’s eventual shutoff; the […]

British online property marketplace Zoopla has announced it is going to acquire UK real estate information website Hometrack in a £120 million deal. Founded in 1999, Hometrack provides house price valuations to mortgage lenders, surveyors, investors, and home buyers in Europe and Australia. It claims that, by using an automated valuation model, it churns out over twenty […]

A California company that combines Virtual Reality and data visualisation has raised $3 million (£2.3 million) in a seed round from unnamed angel investors. Pasadena-based Virtualitics has  harnessed both VR/AR technology and machine learning techniques to create a technology that allows users to  transform large batches of complex data into explorable virtual environments. Information can be rendered in […]

Rolling coverage of all the investments in British data science and AI companies throughout 2017, the year the UK starts to pull out of the European Union.    Total: £360.486 million raised in 2017     21 December 2017 –Fintech app Chip, a chatbot that helps users automatically save money from their bank accounts, has secured £1.078 million on crowdfunding […]

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