Ed Stacey, managing partner at IQ Capital said: “Responsible organizations are waking up to the need to ensure that their deployed machine learning systems are fair and unbiased, as well as being robust and accurate. Synthesized’s ability to create multiple, balanced data sets in a flexible way gives organizations and their customers the confidence they need in deployed production systems, while also greatly speeding up the development process. Javier Santiso, CEO and founder of Alma Mundi Ventures, said that “The prospects for Synthesized are bright and we see the impact of synthetic data permeating almost every industry.” Synthesized competes in various ways with products from Gretel AI, Snorkel, Tonic AI, Hazy and Mostly AI. Topics [...] of TheEuropas.com (Top 100 listing of European startups); and the non-profits Techfugees.com, TechVets.co, and Startup Coalition. He was awarded an MBE in the Queen’s Birthday Honours list in 2016 for services to the UK technology industry and journalism. [...] It has now raised $2.8 million in a new round of funding co-led by Cambridge-based IQ Capital and Mundi Ventures, with participation from Seedcamp, Pretiosum Ventures and a number of finance and technology executives in the U.K. Financing from the round will be used to double the number of its employees in London, and build out its sales and product teams.
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Madrid, ES