Synthesized Ltd, a London, UK-based provider of a data generation and provisioning platform, received an investment from UBS Next.
The amount of the deal was not disclosed.The company intends to use the funds to expand operations and its business reach. Led by Dr. Nicolai Baldin, Founder and CEO, Synthesized provides an API-driven data generation and provisioning platform that creates test data in minutes. QA and ML teams can create, validate, and safely share data for software testing, model training, and analysis without requiring complex code or configurations. Clients include global banks, financial institutions, insurance companies, healthcare firms, and government entities, benefit from these capabilities in solving their data access and provisioning challenges.Commenting on the news, Nicolai Baldin said: “AI-based and more traditional software applications are only as good as the data used in their development and testing. This UBS Next investment will enable Synthesized to grow and evolve our mission of providing high-quality, privacy-preserving training and test data for application development, AI/ML, and analytics. We are excited to solidify our partnership with UBS on our mission.”20/02/2024
