In the data science industry, these top fundings are the biggest ones to know about in 2022
On a global basis, the number of data science startups is growing. With its ever-increasing prospectus, a lot of youngsters, as well as experienced experts, are opening data science startups. The investors are also eager to help them get on with their operation because of the future benefits. Here are the top 10 data science funding you should know about in 2022.
Total Funding Amount – US$290K
Investors: WaterBridge Ventures and FreakOut Holdings
DataWeave is an emerging data science company that provides actionable analytics to businesses using publicly available data on the web. The technology platform aggregates, organizes, and analyzes millions of unstructured data points across multiple data sources and provides access to these insights through dashboards, reports, visualizations, and APIs. The data products can be used to better understand the competition, monitor their brand, optimize offerings for their customers, increase sales, and much more.
Total Funding Amount – US$57M
Investors: XL Innovate and Hearst Ventures
Founded in 2013, Jonathan Matus and Pankaj Risbood, former Google employees, created this data science startup. The platform they created to leverage the sensor data of mobile devices and collect insights. The technology used to develop the platform is data-driven and AI-driven which helps in analyzing the customer’s data.
Total Funding Amount – US$300K
Investors: Hyderabad Angels.
In 2015, Preksha Kaparwan, Saurabh Moody, and Arjun Sudhanshu started a data science company to offer distinct experiences by solving real-time issues. They developed a similar product to Google Analytics, named Pulse while taking care of big data Hadoop.
Total Funding Amount – US$325M
Investors: TA Associates and Khazanah Nasional
Founded in 2000, Fractal Analytics has developed as one of the top data science service providers in the nation. With a worldwide impression bragging about a few Fortune 500 organizations from ventures like retail, insurance, and technology, there is unquestionably no halting for this one. The organization is at present employing data scientists for its workplaces in Bangalore, Mumbai, and Gurgaon.
Total Funding Amount- Not Disclosed
Investors: Not Disclosed
3LOQ enables brands and retailers to understand individual customers’ behaviors, based on past action and context, using its advanced machine learning algorithms. 3LOQ strengthens money and asset management systems in terms of digital banking services so that the end customers can get streamlined and personalized communication.
Total Funding Amount: US$8.5M
Investors: Not Disclosed
Flutura is an AI Platform Company focused on improving two core business objectives of “Asset Uptime” and “Operational Efficiency”. Flutura works with many industry-leading names like TechnipFMC, Al Mansoori, GTT, etc in O&G and Hitachi amongst Heavy machinery OEMs. Flutura is backed by global Venture Capital firms and strategic partners out of the USA, Singapore, and Japan, and its main offices are located in Houston, Palo Alto, and Bengaluru, India.
Total Funding Amount -US$7.5M
Investors: Notion Capital and Chiratae Ventures
With trading being uncertain and sensitive to changes all across the world, Heckyl aims to be a global leader in the space of data analytics for worldwide financial markets. Imagine one place to keep track of all the news, people’s emotions, trending sentiments and so on that can optimize your trading strategy. Heckyl is radically transforming the trading industry for all the involved stakeholders to find the best trading opportunities.
Total Funding Amount – US$77.9M
Investors: Norwest Venture Partners and Institutional Venture Partners
Qubole’s Platform provides end-to-end data lake services such as cloud infrastructure management, data management, continuous data engineering, analytics, and machine learning with near-zero administration. Qubole is trusted by leading brands such as Expedia, Disney, Oracle, and Adobe to spur innovation and to transform their businesses for the era of big data. No other platform provides the openness and data workload flexibility of Qubole while radically accelerating data lake adoption, reducing time to value, and lowering cloud data lake costs by 50 percent.
Total Funding Amount – US$20M
Investors: Not Disclosed
Razorthink was established as an emerging enterprise providing AI solutions. Funded by individual investors, the company targets adept computing through a distinct accumulation of AI optimization, automation, dynamic models, and data science tools. Razorthink has a team of more than 100 professionals who are relentlessly supporting small and big businesses to optimize AI-based customer services, risk management, fraud detection, and other services.
Total Funding Amount- US$32.6M
Investors: Invested Development and Pratithi Investment Trust
CropIn is a leading provider in terms of interpolating the SaaS model with the agricultural sector. Keeping the challenges faced by the agrarian business in mind, CropIn started providing solutions that revolve around financial analytics, weather foresight, data interpretation, satellite monitoring, geo-tagging, AI, and big data analytics, to name a few. The company’s ultimate mission is to make every farm traceable.