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

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 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 […]

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 […]

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