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

Indian cab aggregator Ola has announced the acquisition of Bengaluru-based artificial intelligence (AI) startup on Tuesday. As part of the deal, which value was not disclosed,  the team at including founders Inder Singh and Ritwik Saikia will join Ola. “We are looking forward to joining Ola in its mission to build mobility for a […]

Amsterdam-based blockchain company Bitfury has just launched its artificial intelligence (AI) division, Reuters reported on Tuesday. The company said the new division will use Bitfury’s existing hardware and software technologies to build integrated product solutions, as well as cloud-to-edge enterprise solutions for corporations and governments. Talking to Reuters, the firm’s co-founder and CEO Valery Vavilov […]

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 […]

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 […]

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 […]

Elon Musk’s company NeuraLink has applied to US regulators to start trialling its device on humans. NeuraLink is working towards creating a wireless implantable device that would allow paralysed humans to control phones or computers using their minds. The Tesla-founder made the announcement at the California Academy of Sciences event in San Francisco on Tuesday. […]

Venture capital firm IQ Capital has raised more than $300 million to invest in artificial intelligence and machine learning start-ups, the company reported on Monday. According to the Cambridge-based firm, $125 million of this sum would come from their ‘Growth Opportunities Fund’, while the remaining $175 million would be part of a fund focusing on […]

Artificial Intelligence (AI) and Data company Lixar has won the Microsoft AI Innovation Award for using the power of machine learning and AI “to derive insights to help their customers optimise operations, drive innovation, and deliver real value.” The announcement was made on Sunday at the Microsoft Inspire event in Las Vegas, the largest gathering […]

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