Mindtech Raises $3.7M in Funding
- Mindtech, a Sheffield, UK-based provider of a platform for the creation of synthetic training data for AI vision systems, raised $3.7M in funding
- The round was led by Appen with participation from existing investors
- The company intends to use the funds to continue to expand operations and its business reach
- The company is a developer of an end-to-end ‘synthetic’ data creation platform for the training of AI vision systems
- The company’s Chameleon platform helps computers understand and predict human interactions in applications ranging across retail, smart home, healthcare and smart city
- Appen and Mind tech also signed a commercial partnership to drive adoption of synthetic data across the global AI industry
