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

Cytora, a provider of artificial intelligence (AI) technology solutions for commercial insurance underwriting, has raised £25 million in a Series B round today. The investment was led by EQT Ventures with participation from existing investors Cambridge Innovation Capital, Parkwalk and several unnamed angel investors. Founded in 2014 by Richard Hartley, Aeneas Wiener, Joshua Wallace and […]

Cambridge-based startup Wayve has tested a new self-driving system that only relies on cameras, GPS tracker, and an artificial intelligence-powered computer to navigate the roads. Traditional self-driving cars need lidar, custom rules and highly detailed maps to know exactly where to go. Wayve’s new system, however, which is embedded in a modified Renault Twizy, does not […]

Intel Capital revelated on Monday they will invest $117 million in 14 start-ups using artificial intelligence (AI) and other disruptive technologies in the communications, healthcare and manufacturing sectors. The tech giant made the announcement at their Intel Capital Global Summit in Phoenix, Arizona, a gathering for venture capitalists and entrepreneurs. They said the new investment is […]

Israeli Internet company Perion Network will pay up to $3.5 million (roughly £2.6 million) to acquire Kiev-based AI company Septa Communications, the company announced on Monday. The start-up, also known as “Captain Growth”, will join the Synchronized Digital Branding division of Undertone, a company that Perion bought in 2015 for $180 million. “Captain Growth was […]

The global machine learning market is predicted to expand at a compound annual growth rate of 48.3% during the 2018-2023 period, according to a report by Research On Global Markets. The report presents forecasts value of the global machine learning market and provides key insights onto the factors driving and restricting market growth. The exponential […]

Google announced the second wave of startups selected for their Launch Accelerator program in India on Tuesday. The program is dedicated to support Indian startups that use technologies like artificial intelligence (AI) and machine learning (ML) to provide solutions addressing the nation’s core needs. The ten startups Google selected are based out of cities across […]

Microsoft has revealed its commitment and strategy to increase the growth of China’s startup ecosystem at the Microsoft for Startups Shanghai Innovation Day event today. The tech giant announced it will expand its Microsoft for Startups programme in China to optimise the startup development process by providing additional access to Microsoft resources and technologies. Thanks to this, the […]

Berlin-based banking start-up Mambu raised €30 million in its latest funding round backed by US-based Bessemer Venture Partners and others, the company revealed on Monday. The funding will allow Mambu to accelerate its growth and further investments in marketing, products, platform and services. The company also plans on expand its fifty-country presence on all continents, and […]

UK tech start-ups are seeing a decrease in the number of overseas talents joining their founders, a new survey by VC firm Atomico revealed last week. The survey was conducted on 5,000 tech workers and it showed that, while European start-ups outside the UK still managed to attract more overseas talent to their businesses, UK […]

When it comes to adverse conditions, robots’ sensors can be fooled quite easily. Headlight AI are working to solve this problem.

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