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

Indian cab aggregator Ola has announced the acquisition of Bengaluru-based artificial intelligence (AI) startup Pikup.ai on Tuesday. As part of the deal, which value was not disclosed,  the team at Pikup.ai 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 […]

London-based tech firm Benevolent AI would be reportedly raising funds at a rate way below their $2bn valuation, an investigation by the Sunday Times revealed. The company, which is led by ex-Facebook executive Baroness Joanna Shields, would be in talks with several Asian investors, according to the report, in the hope of getting Benevolent AI […]

LinkedIn has acquired Drawbridge, a startup based in San Francisco that uses artificial intelligence to target specific audiences. The announcement was made by the networking and job searching platform on their blog on Tuesday. In it, LinkedIn’s vice president of product Tomer Cohen said they’re planning to use the startup’s technology to increase their Marketing […]

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 […]

Forty per cent of European start-ups classified as artificial intelligence (AI) start-ups don’t actually use the technology, according to a new study by London’s venture capital firm MMC. The study analysed the activity of about 2,830 AI start-ups in 13 EU countries, reviewing the activities, focus and funding of each company. The results showed that only […]

The Silicon Valley Comes to the UK (SVC2UK) programme will return to the UK this November for its 12th edition. It will take place between 6-9 November 2018, with 12 events being organised across London and Cambridge, and will bring together the top entrepreneurs and VCs from Silicon Valley, together with students, early-stage CEOs, serial […]

One out of ten London tech companies report to have lost funding following the UK’s vote to leave the European Union in June 2016, according to a survey from Tech London Advocates. The group, which champions the capital’s technology sector, interviewed 220 of its members— including founders and  “senior figures within London’s tech sector”— regarding the […]

European startups raked in $12 billion in 2016, a figure roughly equal to 2015’s total investment, despite fears that a host of political upheavals might have begotten an annus horribilis.  An article on TechCrunch quotes a report by French investment consultancy Clipperton in partnership Digimind, which tallied investment into startups across the European continent—that includes Russia but excludes Israel. The report […]

Tech City UK’s Future Fifty  is open for applications. The quango in charge of fostering the UK’s digital innovation sector is on the lookout for promising startups to join in the programme. The initiative will support fifty growth-stage trailblazing companies, by providing access to government officials, helping with promotion, and offering unique workshops and networking opportunities. Candidates […]

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