2 years ago
Sky Engine AI Secures $7M Series A for Synthetic Data Platform
Sky Engine AI, a London-based synthetic data cloud platform, has raised $7 million in a Series A funding round led by Cogito Capital Partners
The investment will support the startup's accelerated growth as it helps data scientists, machine learning, and software engineers working on computer vision projects
Sky Engine AI's synthetic data helps companies get to market faster and with greater accuracy, with applications ranging from AI Drones and UAV navigation, to crowd analytics, to military simulation and training.
ProblemTechnology
"Training and validating AI models for computer vision projects is time-consuming, expensive, and often results in unintended biases."
Solution
"Sky Engine AI uses synthetic data, AI-generated data that mimics real-world data without directly depicting it, to speed up the training and validation of AI models, reducing costs and biases."