AI Verse has raised €5 million in funding to advance its synthetic data technology for AI model training, led by Supernova Invest and supported by other investors.
Information on the Target
AI Verse, a leading innovator in synthetic data generation technology, has successfully secured €5 million in funding to enhance its development efforts. This funding round is spearheaded by Supernova Invest, with contributions from Crédit Agricole Innovations et Territoires (CAIT), Amundi Avenir Innovation 3 (AAI4), and Creazur, totaling €4 million. Longstanding investors, Innovacom and Bpifrance via its Digital Venture fund, also participated in this funding initiative.
AI Verse addresses a critical need for training datasets in artificial intelligence (AI) applications, particularly in sectors relying on computer vision systems. These sectors include autonomous vehicles, drones, robots, surveillance systems, smart cities, and defense. By providing realistic, varied, and fully controlled synthetic image datasets, AI Verse ensures that AI algorithms can be trained effectively, thereby enhancing performance in scenarios where real data is often limited or challenging to collect.
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Industry Overview in France
The demand for high-quality training data in France is rapidly growing, especially within the AI sector. As industries increasingly rely on AI technologies for innovation, the need for diverse and preci
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Disclosed details
Transaction Size: $6M