London based AI start-up Faculty has raised a cool £30m in a round led by Apax Digital Fund, taking total funding to almost £40m. 

Founded in 2014, the company has built itself by providing a combination of strategy, software and skills to clients, using its team of data scientists to apply their skills to clients’ real world business issues using Faculty’s own cloud based data science platform. The Faculty approach provides AI as a Service where the service aspect includes AI techniques applied to specific business issues and support for clients from Faculty’s AI/ML specialists. The company has a team of 50+ PhD’s in STEM subjects, and says 5%-10% of UK maths, physics and engineering postgrad students apply to its Fellowship programme. The programme helps graduates develop real world experience, including the business skills around the tech topics, through 8 week bespoke paid projects with clients, and helps organisations recruit data scientists. 

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