[Funding alert] London-based Sky Engine AI Secures $7 Million in Series A Round Funding

The investment round was led by Cogito Capital Partners, with involvement from Movens Capital, High-Tech Gründerfonds (HTGF), and serial entrepreneur Charles Morgan in addition to new investors Edge VC and Taiwania Capital.

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ky Engine The purpose of AI is obvious: time is money. Traditionally, the process of training and verifying AI models has been laborious, costly, and beset by data that introduces inadvertent biases.

The timeframes associated with training and validating AI models are significantly reduced when synthetic data is used, i.e., when AI is used to create data that accurately mimics something that exists in the real world and has its features but does not exactly reflect them.

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Sky Engine AI founder and CEO, Dr Bartek Wlodarczyk said,“The pedigree of our investors speaks for itself: their experiences in scaling businesses that focus on vision AI will be indispensable at a time where similarly synthetic data is bringing so much immediate value in the real world. Sky Engine AI’s mission is to augment deep learning teams to create AI models that generalise better against unknown real-world data and with reduced algorithmic biases”.

About Sky Engine AI

With the help of fully annotated synthetic data and large-scale training of vision AI algorithms, SKY ENGINE AI is a Generative AI Synthetic Data Cloud for Deep Learning in Vision AI and Industrial Metaverse

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