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BenevolentAI has published its first set of financial results following its SPAC merger deal and listing on Euronext Amsterdam in April 2022.
The London-headquartered company was founded in 2013, with the intention of applying AI to the disc
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Life science AI start-up Causaly has raised $17m (c.£12m) in a Series A funding round led by Index Ventures. The venture capital firm was joined by Marathon, Pentech and EBRD on the round, which also sees Carlos Gonzalez-Cadenas, partner at Index,
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It’s been a really busy time on the recruitment front at Tech Nation with new appointments to the board of:
Annette Wilson, Global Adviser & Chair Europe, Antler VC
Eric Collins, CEO & Founder Member, Impact X Capital Partner
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When a new kind of coronavirus started to emerge from the Wuhan, China in late 2019, amongst the first to notice was Canadian firm BlueDot. The company is one of a number that combine large datasets with artificial intelligence (AI) algorithms to
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The buzz over MIT using a deep learning algorithm to identify a powerful new antibiotic compound - halicin - that has killed off bacteria strains resistant to known antibiotics during lab tests, is a major breakthrough (see here). It is a first in
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A number of very large deals, combined with a slightly lower volume of transactions, have lifted the average size of UK and Irish tech VC funding deals to just over £10m for the first time, according to the latest data from corporate finance firm,
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Cambridge-based Healx has raised $56m (c.£44m) in Series B funding to help it accelerate the discovery and development of new treatments for rare diseases using AI.
The funding round was led by Atomico with participation from Intel Capital,
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New record levels of venture capital funding for UK and Irish technology companies were set in Q2 2018 according to the latest data from corporate finance firm, Ascendant. During Q2, a new high of £1.82b was invested in 281 deals of more than £0.5
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In a well-orchestrated day of promotion, including an article in The Telegraph, an appearance on the Today programme and a keynote speech at the NHS Expo in Manchester, Secretary of State for Health and Social Care Matt Hancock revealed his plans
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This report analyses funding activity around UK Artificial Intelligence/Machine Learning-centric startups, with a specific focus on software and AI/ML-enabling hardware, to identify the most active sectors and characteristics.
Heightened exp
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Prime minister Teresa May is to pledge millions of pounds to fund the use of AI/Machine learning for early detection of cancer and chronic conditions. With experts saying early cancer detection could save 22,000 lives in the UK per year, this is t
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AI healthcare business BenevolentAI has appointed Baroness Joanna Shields as its new Group CEO.
Shields has held a number of government positions, most recently serving as the Prime Minister's Special Representative on Internet Crime and Har
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BenevolentAI, the UK start-up applying artificial intelligence (AI) to develop new medicines, has raised $115m (c.£82m) at a pre-money valuation of $2bn. This round included new investors, mostly US-based, as well as existing investors including W
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