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A funding spark

Cambridge Spark, which was on the Accelerate Cambridge programme at Cambridge Judge, is awarded £1.4 million in funding from Innovate UK to support its AI-powered platform.

A funding spark

Cambridge Spark, a data science training and recruitment provider that was on the Accelerate Cambridge programme at the Entrepreneurship Centre of Cambridge Judge Business School, was awarded £1.4 million in funding from Innovate UK.

The new funding will support a research project with the University of Cambridge to enhance the capabilities of Cambridge Spark’s artificial intelligence-powered EDTech platform, known as K.A.T.E. (the Knowledge Assessment Teaching Engine), which is already used by such companies as J.P. Morgan and IMC Trading.

Funding from UK Innovation (part of UK Research and Innovation) will also provide an innovation loan to broaden the commercial reach of Cambridge Spark — which offers bootcamps, apprenticeships and training for people in data science-related industries.

Dr Raoul-Gabriel Urma, CEO of Cambridge Spark, said the new Innovate UK funding “enables Cambridge Spark to develop support for multiple programming languages, performance and profiling metrics, personalised recommendations, and assessment utilising cutting-edge AI approaches.”