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

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 […]

Artificial intelligence could predict death or heart attacks with more than 90 per cent accuracy, a new study has revealed. Presented at the International Conference on Nuclear Cardiology and Cardiac CT 2019 on Sunday, the study showcased the results of an algorithm called LogitBoost. Powered by machine learning, the algorithm analysed 85 different variables from […]

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 […]

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 […]

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 […]

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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