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

Google has granted Wikipedia an additional $3.1 million investment, as well as given the foundation several of its machine learning tools to use for free, the company announced at the World Economic Forum on Tuesday. Roughly a third of those funds will support current projects at the Wikimedia Foundation, the non-profit behind Wikipedia, and the […]

A new Artificial Intelligence (AI) system can dramatically reduce the time needed to ensure that chest X-rays with critical findings will receive an expert radiologist opinion sooner, according to new research. Developed by scientists from WMG at the University of Warwick and Guy’s and St Thomas’ NHS Hospitals, the new system can cut the average […]

London-based start-up Flexciton has raised £2.5 million in a funding round led by Backed VC, TechCrunch reported today. The company is using AI to help factories optimise production lines, and pitched at EF’s 6th London demo day in 2016. Flexciton AI solutions optimise the way manufacturers plan and schedule “multi-step production lines” and reduce much of the […]

Machine learning company Seldon has secured £2.7m in Seed round led by Amadeus Capital Partners, the company announced on Wednesday. Among other investors are Global Brain Corporation, a large Japanese deep technology venture capital investment firm with global presence in Tokyo, London, Seoul, Singapore and San Francisco, and Techstars, who have been supporting Seldon since […]

Emotibot, a Chinese robot solutions provider, has secured USD 30 million in series B round funding, according to a report from EqualOcean Media. The funding round was led by China Development Financial, followed by Cathay Financial Holdings. Its existing investors Ecovacs and Advantech Capital also participated in this new capital injection, while Light House Capital served as exclusive financial advisor in […]

Finnish start-up Meeshkan has raised €370,000 in pre-seed funding to continue developing its “ChatOps” product for machine learning developers, TechCrunch reported. Earlier this month, Meeshkan won the Slush 100 start-up competition in Helsinki, Finland. The company uses Slack bots to help engineers monitoring and training machine learning (ML) models without leaving the team chat app. Talking […]

Chinese artificial intelligence provider Megvii Inc is reportedly seeking to raise $500 million in a new funding round at a valuation of approximately $3.5 billion, people with knowledge of the matter said. The company is the developer of facial recognition system Face++, and already counts Alibaba as a backer, which invested $327 million in the […]

Artificial Intelligence (AI) computing solutions Esperanto Technologies has secured $58 million (roughly £44,6 million) in Series B investment for the development of AI chips, the company announced on Sunday. Check out the NEW Esperanto Technologies website, including today's news on @EsperantoTech Series B announcement! #AI #ML #riscv #risc_v — (@EsperantoTech) November 5, […]

Google has pledged $25 million in grants to the AI Global Impact Challenge, the company revealed on Monday during the AI for Social Good event held at the company’s Sunnyvale in California. We’re announcing our AI for Social Good program, applying @GoogleAI expertise to projects w/ positive societal impact. We invite researchers & orgs to submit […]

Cybersecurity company Bitdefender announced its acquisition of behaviour and network security analytics company RedSocks on Wednesday. We’re proud to announce that #Bitdefender has acquired @RedSocksMTD.“By bringing RedSocks network security analytics & threat intelligence into GravityZone, we'll offer even stronger protection from sophisticated attacks” – Florin Talpes, CEO Bitdefender — Bitdefender (@Bitdefender) October 23, […]

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