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

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 […]

Gopher Protocol, a company using the Internet of Things and Artificial Intelligence (AI) in networking and tracking technologies announced today that is currently implementing innovative machine learning (ML) to enable advanced classification and problem-solving. The company said they will deploy the new technology within their Avant! AI system, thus making it able to recognising user’s […]

UiPath, a robotic process automation startup, has landed a further $568 million round of funding, reaching a $7 billion evaluation and becoming the world’s most valuable artificial intelligence (AI) startup. The new Series D round was led by Coatue, with participation by Dragoneer, Wellington, Sands Capital and funds and accounts advised by T. Rowe Price […]

Anki, a San Francisco-based startup famous for artificial intelligence robotic products such as Vector, Cozmo, and AnkiDrive, is allegedly closing down after failing to secure further funding. Despite raising around $200 million in venture capital since its creation nine years ago, the company would have run out of funds after a potential deal failed on […]

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 […]

Machine-learning software, used together with Google Street View, could provide more accurate insurance premiums, a new study has revealed. Two data scientists, based respectively in Warsaw and Stanford, released the study earlier this month. Kinga Kita-Wojciechowska and Łukasz Kidziński analysed 20,000 addresses of companies’ clients, collecting a house image for each of them using Google […]

Neuroscientists at the University of California in San Francisco have designed a device that can transform brain signals into speech. The new technology, which findings have been published in a study published on Wednesday in the scientific journal Nature, has been developed in order to help people who have lost the ability to speak to […]

Health-tech AI Startup mfine has raised $17.2 million in a Series B funding led by SBI Investment and with participation by BEENEXT and existing investors Stellaris Venture Partners and Prime Venture Partners, the company revealed on Tuesday. The firm said the new investments will go towards hiring over 2500 doctors from 250 hospitals and reaching 150,000 consultations per month in […]

Tesla has revealed a new neural network-powered custom chip for self-driving cars at its “Autonomy Day” in Palo Alto, CA on Monday. During the event, which aimed at showcasing Tesla’s plans for advanced driver assist and car autonomy, CEO Elon Musk claimed their new chip was the “the best chip in the world…objectively.” The company […]

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

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