Table of Contents
Introduction
Artificial intelligence (AI) has become a crucial tool for startups in brand development. In the UK, the government is striving to establish the country as a global AI superpower. This article highlights the top 25 UK AI startups that are leading the way in innovative and creative AI solutions.
Top 25 UK AI Startups
1. PolyAI
PolyAI offers AI voice assistants that are indistinguishable from human beings. Major UK brands such as Metro Bank and Starling Bank have already adopted PolyAI’s technology for customer support calls.
2. Infogrid
Infogrid provides AI-controlled automation for buildings, making them more efficient and sustainable. The company recently raised $90 million in funding for its smart building solution.
3. Humanising Autonomy
Humanising Autonomy focuses on making AI technology human-centric. It uses AI to help machines understand human intentions without infringing on ethical standards. The company recently raised $11 million in funding for its AI solutions.
4. Intelistyle
Intelistyle uses AI to personalize shopping experiences for customers. Its technology is already used by major fashion retailers such as H&M and Tommy Hilfiger. Intelistyle’s AI programming outperformed professional stylists in London Fashion Week 2019.
5. TeamSportz
TeamSportz is an app that helps improve athletic skills in various sports. The platform enables clubs to run their teams more efficiently and provides access to elite performance stats using unique AI technology.
6. KYC Hub
KYC Hub reduces the processing time and operational costs of conducting due diligence procedures and enhanced checks on businesses or individuals. The company’s technology has been shortlisted for several categories in the RegTech Insights Award.
7. Sprout.ai
Sprout.ai streamlines the insurance claims process using AI software specifically designed for the insurance industry. The company’s technology has reduced the processing time from months to near real-time.
8. Genie AI
Genie AI provides an open-source platform with hundreds of legal business templates, making legal services more affordable and accessible. The startup has experienced a 30-fold rate of growth in one year and has over 100 organizations signing up every day.
9. Karaoke History
Karaoke History is an app designed to help neuro-diverse students with revision. The app features a karaoke function that highlights text as AI reads it aloud, making it easier for students with ADD/ADHD and dyslexia to revise. The app has received support from multiple UK exam boards.
10. Mintago
Mintago is a platform focused on financial wellbeing, particularly for managing pensions. The platform offers features such as free IFA access, an interactive AI helper, and budgeting tools. Mintago has saved over £1 million for businesses and found over £10 million of missing pensions for employees.
11. Jiva AI
Jiva AI is an AI builder platform that helps companies create their own AI functions with approachable tools. The platform has been used in the medical research industry and has partnerships with GE Healthcare and Roche Diagnostics.
12. Gigged.AI
Gigged.AI is an AI-driven marketplace for recruitment that matches companies with suitable candidates in just ten seconds. The company also utilizes NFTs for its GigChain platform, offering freelancers a way to verify their identity and work history securely.
13. Wayve
Wayve develops end-to-end machine learning algorithms for self-driving cars. The company’s data-driven system makes vehicles safer in unfamiliar situations. Wayve has raised $200 million in funding and recently launched the UK’s largest self-driving grocery home delivery trial in partnership with Asda.
14. Stability AI
Stability AI democratizes access to AI technology by providing a network of developers with tools for creating AI products. The company’s Stable Diffusion text-to-image model has captivated users worldwide, and it has raised $101 million in funding.
15. Haiper
Haiper is a generative AI startup that specializes in 3D reality recreation technology. The company has developed products such as Captur3, which allows users to take 3D “pictures,” and AIGC, which enables text-to-3D model conversion.
16. Charm Therapeutics
Charm Therapeutics uses AI 3D deep learning technology to develop new medicines for cancer and other diseases with high unmet medical needs. The company has raised $50 million in funding and is backed by reputable investors.
17. Mind Foundry
Mind Foundry develops AI solutions that help people and organizations implement AI responsibly. Its platform has been used to solve challenging applications of machine learning and AI, and the company has secured $30 million in funding.
18. Mosaic TX
Mosaic TX uses AI to develop oncology therapeutics and make the discovery of new cancer drugs and treatments quicker. The company recently closed a $28 million funding round and has partnerships with Syncona, Cambridge Innovation Capital, and Innovate UK.
19. Salience Labs
Salience Labs is developing chips that use light to execute operations, boosting processing performance in AI applications. The company has raised $11.5 million in seed funding and has partnered with reputable investors.
20. Solvo.ai
Solvo.ai uses value-driven machine learning to simplify decision making and improve resilience in global supply chains. The company has raised £3.47 million in seed funding and aims to help businesses recover quickly from disruptions.
21. Vestico
Vestico is an AI platform for fashion and beauty eCommerce that provides content, sizing, and personalization solutions. The company has increased conversions by 11% and reduced returns by 17% for brands using its technology.
22. Apheris
Apheris is a federated machine learning and analytics platform that enables multiple organizations to extract value from each other’s decentralized data sets. The company has raised $8.7 million in seed funding and works with major data owners and enterprise customers.
23. Edgify
Edgify uses AI-based technology to enhance self-checkout systems in supermarkets, reducing errors and improving efficiency. The company has raised $6.5 million in seed funding and was part of the Startups 100 2019 Index.
24. Workfinder
Workfinder uses AI to filter employability data and business skills to facilitate skills-based hiring and career progression. The company has worked with major clients such as PayPal and Expedia Group.
25. Workfinder
Charm Therapeutics uses AI to develop oncology therapeutics, focusing on making cancer treatments safer and more effective. The company has raised $50 million in a Series A funding round and is backed by reputable investors.
Conclusion
These 25 UK AI startups are at the forefront of AI innovation, using the technology in various industries to drive growth and create positive impact. With their unique solutions and impressive funding successes, they are definitely startups to keep an eye on in the AI landscape.
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