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

Twitter has bought London-based startup Fabula AI, a company using machine learning (ML) to tackle fake news online. Although the terms of the agreement have not been made public, it would appear that Fabula is more of an acqui-hire than an acquisition, with the team joining Twitter’s Cortex unit, the social network in-house group of researchers […]

Artificial intelligence start-up Monolith AI has raised £1.9 million in an investment round led by Pentech Ventures with participation from Stanford Angels of the UK, Ascension Ventures and Charlie Songhurst. The start-up said the funding will support their mission to enhance the engineering design process through the use of their advanced AI platform. “Our goal […]

LinkedIn has acquired Drawbridge, a startup based in San Francisco that uses artificial intelligence to target specific audiences. The announcement was made by the networking and job searching platform on their blog on Tuesday. In it, LinkedIn’s vice president of product Tomer Cohen said they’re planning to use the startup’s technology to increase their Marketing […]

The National Institution for Transforming India  (NITI Aayog) announced today a 7,500 crore (roughly $1b) investment plan for the development of Artificial Intelligence (AI) infrastructure in the country. The funding will go towards the setting up of five centres of research excellence (CORE), 20 international centres for transformational AI (ICTAI) and further developments of AIRAWAT, […]

Cambridge-based artificial intelligence (AI) company Prowler.io has been valued at $100 million after a $24 million funding round by investors including Amadeus Capital and Pearson Plc. The company said the new investment will go towards launching products and moving into new areas such as education. The funding round was led by Chinese tech giant Tencent, with participation […]

Nationwide Building Society announced on Monday it will invest in Scaled Insights, a company that uses behavioural artificial intelligence (AI) to analyse people’s speech. As part of this investment, Scaled Insights which is currently based in Canada will move its headquarters to the Nexus building in Leeds, a facility used to house start-ups owned by […]

Cortex Group will acquire Tesla Water’s water quality monitoring solution, the company announced last weekend. The investment comes after Cape Town-based artificial intelligence (AI) startup Cortex Logic, of which Cortex Group is the holding company, revealed in February they had secured an investment from an undisclosed investor. Cortex Logic made the announcement through a press release last […]

American software company Salesforce is acquiring Tel Aviv-based conversational AI startup Bonobo, the company revealed on Thursday. Salesforce has not disclosed the financial details of the deal, but people familiar with the matter told Calcalist the company would be paying $50 million to finalise it. The acquisition was led by Elad Donsky, Salesforce’s vice president […]

Fintech platform Finitive announced today a $6 million investment in a series seed financing led by Atomic Labs with participation from Ninepoint Partners and others. The New York-based firm said they will use the funds to keep developing its platform to expand on strategic machine learning, artificial intelligence, workflow automation, and data analytics initiatives. “We are excited […]

Career resource start-up Zippia announced today a Series A investment of $8.5 million led by E.ventures and with participation from existing shareholders such as MHS Capital, NextView Ventures and Correlation Ventures. Zippia also announced that Thomas Gieselmann of E.ventures will join the company’s Board of Directors. A San Mateo-based company, Zippia uses machine learning and data aggregation […]

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