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

Pittsburgh International Airport announced it will deploy artificial intelligence (AI) technologies to provide passengers with more accurate wait times information. The technology will be provided by the airport through a partnership with Zensors, a Pittsburgh-based company applying AI to feeds from airport security cameras to estimate minute-by-minute wait times at the airport’s three Transportation Security […]

Researchers at Google’s DeepMind Health have developed an artificial intelligence (AI) able to spot symptoms of acute kidney injury (AKI) 48 hours before doctors. The study, which was published in the journal Nature last week, describes how the AI uses inputs such as blood tests, heart rates and blood pressure to perform its calculations. DeepMind fed the AI […]

Online payments solution company Razorpay announced on Monday the acquisition of Thirdwatch, an artificial intelligence startup specialising in big data and machine learning for real-time fraud prevention in eCommerce. The amount of the deal remains undisclosed at the time of writing, but the company said in a press release this new acquisition would go towards improving payment experience and avoid fraudulent transactions. “Fraud […]

The global artificial intelligence (AI) in the healthcare market is expected to reach $27.6 billion by 2025 with a 43.5% growth from 2018, a report by Meticulous Research revealed. The report analyses various applications of the technology, from patient data and risk analytics to medical imaging and diagnosis, drug discovery, precision medicine, hospital workflow management, […]

As artificial intelligence (AI) becomes more advanced, Australia needs to be prepared for the incoming change, a new report from the Australian Council of Learned Academies (ACOLA) has warned today. The document, which was commissioned by chief scientist Alen Finkel, urged the Government to create a national strategy – like the one released by the […]


O2h Ventures and AI Fund have invested £1.1m ($1.38m) in Small Pharma, a startup working on new drugs development, in-Pharma reported on Monday. The seed round funding will go towards advancements of Small Pharma’s lead program about a metabolite of ketamine as an oral anti-depressant. In particular, the startup said they will invest the funds […]

Cloud computing and virtualisation software giant VMware is acquiring Uhana, a startup using deep learning and real-time artificial intelligence to automate network operations. While the financial terms of the deal weren’t disclosed, VMware said that adding Uhana’s technology to its Telco Cloud and Edge Cloud portfolio, the company will “demonstrate our commitment to serving the telecom industry and deepening intelligence […]

A new state commission has been established in New York, US to track how artificial intelligence (AI) and robotics will affect the private sector and employment figures in the near future. The announcement was made on Wednesday by NY governor Andrew Cuomo, who signed legislation to create the temporary commission. The new group will be […]

Hong Kong start-up C&R Wise AI is helping railway operators and universities to manage their crowds better, the South China Morning Post reported on Saturday. The company’s EdgeAI system, which is known for recently being used to count the number of street protesters in the city, works through algorithms running on an industrial computer to […]

Artificial Intelligence startup Near has raised $100 million as a part of its latest funding round led by London-based private equity firm Greater Pacific Capital (GPC).  The Singapore-based startup made the announcement on Tuesday, saying in a statement that they would be using the new capital to launch a new suite of data products and […]

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