Top AI Startups and Companies in London
Artificial Intelligence is gradually taking the spotlight in the world we live in today, and it is going to change how the world is going to look. AI deals with the development of computer systems and robots, which in return would be able to perform tasks that require human intelligence, including visual perception, speech recognition, decision-making, and translation between different languages. But, in fact, the activities carried out by these robots and computers are normally done by humans and requires human discernment.
What is an AI Startup?
An artificial intelligence startup is an organization that provides substructures and gears such as special hardware, software, cloud services, and artificial intelligence applications to accelerate the implementation of artificial intelligence solutions. In a nutshell, AI startups foster the development of AI and apply their solutions to develop the world and make life easier for everyone on earth.
In the United Kingdom alone, there are currently 1,136 and counting, high growth artificial intelligence companies. However, most of them are located in London.
Here’s the list of the top AI startups in London and what you need to know about them.
Table of Contents
CognitionX
- Founded: 2015
- Funds Raised:$4.1 M
- Employee Number: 11-50
At the top of the list, we have CognitonX. Founded in 2015, this company has been able to raise $4.1Million, with six investors. CognitiveX is an AI advice platform that gives the most inclusive AI news.
Massive Analytic
- Founded: 2010
- Funds Raised:$2 M
- Employee Number: 11-50
Massive Analytic, just like the name implies, raised a massive amount of 7 million dollars, and they currently have 5 team members. Massive Analytic is based in London and has a vision of making seamless data decisions in real life for businesses. Massive Analytic is also into video analytics.
Ztudium
- Founded: 2011
- Funds Raised:$2 M
- Employee Number: 11-50
Next is Ztudium, established in 2011 by Dinis Guarda. They’ve raised two million dollars so far Ztudium has a blockchain AI digital transformation DNA in everything they do.
Neurons Lab
- Founded: 2019
- Funds Raised:$2M
- Employee Number: 11-50
Neurons Lab was founded in 2019, and so far, they have made significant progress within a short period of time. They have raised over two million dollars so far, and more funds are still coming in. Neuron Lab helps design artificial intelligence-based solutions for small businesses and startups. They do this by providing artificial intelligence services, artificial intelligence products and artificial intelligence solutions to different companies across various sectors of the economy. The company’s mission is to empower the future economy by assisting small and medium-sized businesses to implement artificial intelligence and machine learning to achieve long term and short term goals.
Cleo
- Founded: 2016
- Funds Raised:$13.3 M
- Employee Number: 11-50
Next on our list is Cleo. Cleo was founded on January 1st, 2016, by Barnaby Hussey-yeo. Cleo AI has raised a total of $57.3, and they are still going to raise more. They have a total of 16 investors currently, and hopefully, that number grows. Cleo AI helps people with their finances. With the help of chat, Cleo offers great knowledge about money and suggests products that can help boost their saving capacity.
Keakie
- Founded: 2016
- Funds Raised:$2 M
- Employee Number: 11-50
Another great startup company is Keakie. Keakie started in 2016 and has since then raised a total of two million dollars. It was founded by Eloka Agu, Jake Lazarus and Rahmon Agbaje. Keakie uses bespoke artificial intelligence to ensure users get quality content. All they want to do is create quality content across culture, music and fashion.
Increasingly AI
We’ve visited Increasingly to learn about how they achieved their growth as a startup and talked various topics from AI Bundling to London versus Silicon Valley. Here you can watch the documentary below.
- Founded: 2016
- Funds Raised:$1.3 M
- Employee Number: 51-200
Founded in 2016, IncreasinglyAI currently has one investor and is based in London. Increasingly has been able to use machine learning to systematize product bundling on retail websites.
Artudata
- Founded: 2019
- Funds Raised:$763 K
- Employee Number: 11-50
ArtuData is one of the growing AI startups located in London and was founded in 2014. They currently have 2 investors and have been able to raise seven hundred and sixty-three thousand dollars. In addition, their last funding was by grants. ArtuData helps to increase profit by decreasing the cost of production.
Hire Digital Ltd.
- Founded: 2019
- Funds Raised:$2 M
- Employee Number: 11-50
On March 5th, 2019, Robin Brohl founded Hire Digital LTD, located in London. The company has been able to raise two million dollars. Hire Digital has been able to get major organisations and startups connected to talented job seekers. This helps to boost the value of the company.
StatusToday
- Founded: 2015
- Funds Raised:$2.6 M
- Employee Number: 11-50
StatusToday is another AI startup founded in 2015 by Ankur Modi and Mircea Danila Dumitrescu. They’ve been able to raise $6.8 million with 6 investors. They help organizations boost employee welfare.
With all these things said, it is obvious that artificial intelligence will be a huge part of our future. Industries and various sectors, such as the health sector, of the economy will benefit from it immensely; it is up to us to embrace this new culture.
