Sky Engine AI, a London, UK-based provider of a simulation and learning platform for tech companies to improve computer vision with Synthetic Data Cloud for AI developers, raised $7M in Series A funding.
The round was led by Cogito Capital Partners with participation from Charles W. Morgan, Edge VC, Taiwania Capital, Movens Capital and High-Tech Gründerfonds. Martin Jasinski, General Partner at Cogito, joined Sky Engine AI’s board of directors.
The company intends to use the funds to expand operations and its business reach.
Led by Dr Bartek Wlodarczyk, CEO and Founder, Sky Engine AI provides a simulation and deep learning platform that generates fully annotated, multimodal synthetic data, provides advanced domain adaptation methods and trains AI computer vision algorithms at scale. It is a tool for data scientists, ML/software engineers creating computer vision projects in any industry.
In the first 18 months, the company raised $7m Series A, tripled its revenues, scaled with over 40 people, and received support from top tech partners Nvidia and Microsoft. Sky Engine AI serves customers like Renault Group, Samsung, Ericsson, partnering Nvidia and Microsoft.
FinSMEs
18/01/2024