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Synthesis AI raises a $17 million Series A funding led by a new investor 468 Capital

by techsterhub bureau
May 4, 2022
Reading Time: 1 min read
Synthesis AI expands Products Offerings

Synthesis AI, a pioneer in synthetic data technologies to build advanced computer vision AI models, today announced it has closed $17 million in Series A financing led by new investor 468 Capital, with additional participation from Sorenson Ventures and Strawberry Creek Ventures and existing investors, Bee Partners, PJC, iRobot Boom Capital and Kubera Venture Capital.

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The latest round brings Synthesis AI’s total funding to over $24 million. The new funds will allow Synthesis AI to grow its world-class team and introduce new products to enable companies to build more advanced computer vision models faster. The company also plans to expand research surrounding the intersection of CGI and AI with a focus on neural rendering, mixed training (real and synthetic), and modeling of complex human behavior.

“Synthesis AI is uniquely positioned to win in the emerging synthetic data space. The breadth and depth of Synthesis AI’s platform, the quality of the team, and the extensive list of Fortune 50 customers firmly establish Synthesis AI as a category leader, ” states Florian Leibert, partner at 468 Capital. “We are excited to support Synthesis AI as they push forward their vision to transform how AI models are fundamentally developed.”

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