Belgium’s icometrix raises $18 million to boost development of its brain imaging AI solutions

Leuven, Belgium-based icometrix has secured $18 million in funding from Forestay Capital, Optum Ventures and prior backer Capricorn Venture Partners. The company claims its technology has the potential to transform care for patients with brain injuries and disorders, by extracting clinically meaningful information from brain MRI and CT scans of patients. Its ‘icobrain’ software platform […]

Sweden’s Peltarion raises $20 million from a hedge fund billionaire and others for its ‘operational AI platform’

Sweden-based Peltarion, a 15-year old company that has developed a platform which essentially allows companies and governments to create and deploy artificial intelligence technology and processes for their own operations, has raised $20 million in fresh funding. The capital comes from Euclidean Capital, the family office for hedge fund billionaire James Simons, and prior backers […]

UK-based AI chipmaker Graphcore scores $200 million in funding from BMW, Microsoft and others at a $1.7 billion valuation

Bristol, UK-based semiconductor company Graphcore has raised $200 million in a new equity funding round from investors including Atomico, Microsoft and BMW i Ventures, valuing the company at $1.5 billion pre-money (via FT).  Graphcore, which had raised roughly $100 million before this round, designs chips for for artificial intelligence applications and says it recently started […]

Like it or not, AI is going to have a massive impact on all of us—Come and discuss with thought leaders at the AI Conference in London this fall

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Munich AI startup Artisense raises €4 million in new funding round

German AI startup Artisense has announced a €4 million funding round from Project A, Vito Ventures, and Holidu cofounder Chris Hitchen. The startup has developed algorithms for real-time 3D mapping of images. The tech can be applied to autonomous cars and robotics to help them to better understand their surroundings. The new funds will be […]

UK AI startup Ditto raises £4 million for its software advisor bots

AI company Ditto has raised £4 million from IP Group, which builds intellectual property-based businesses, and Parkwalk Advisors. Manchester-based Ditto has developed AI-powered software advisor bots that solve queries but also provide the reasoning behind the decisions, creating a clear audit trail in highly-regulated industries. Its technology is used in environmental, health and safety (EHS) […]