4 years ago

Mindtech Secures $3.7 Million in Funding Led by Appen

  • Mindtech, a Sheffield, UK-based provider of a platform for the creation of synthetic training data for AI vision systems, raised $3.7 million in funding led by Appen with participation from existing investors

  • The company intends to use the funds to expand operations and business reach

  • Mindtech also signed a commercial partnership with Appen to drive adoption of synthetic data across the global AI industry

  • This new investment round follows a $3.25 million funding round in July 2021.

      • ProblemTechnology

      "Developing a platform that can generate synthetic data to train AI vision systems."

      Solution

      "Mindtech's Chameleon platform simulates various scenarios to create synthetic data, enabling AI systems to understand and predict human interactions in different applications."

      Covered on