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 […]

Willem Sundblad and Peter Brand, co-founders of Oden Technologies

UK-founded industrial IoT analytics startup Oden Technologies raises $10 million

London-founded industrial IoT (IIoT) analytics startup Oden Technologies has raised $10 million in a Series A round led by Atomico, with participation from existing investors including EQT Ventures and Inbox Capital. Niklas Zennström, Atomico CEO and co-founder of Skype, will join the company’s board. The startup claims that its cloud-based data analytics platform for IIoT […]