Rendered.ai, a Bellevue, Wash.-based platform provider for physics-based synthetic data, closed a $6M seed funding.
The round was led by Space Capital with participation from Tectonic Ventures, Congruent Ventures, Union Labs, and Uncorrelated Ventures.
The company intends to use the funds to expand staffing and operations to scale up its platform.
Led by Nathan Kundtz, founder and CEO, Rendered.ai provides a Saas platform that supports data scientists, engineers, and business innovators who want to use synthetic data to investigate, validate, and expand AI-based technology and business opportunities. The platform integrates scenario generation, 3D model libraries, asset management, compute management, annotation, metadata management, and analytics in a single offering for generating content to train machine learning systems, for data labeling and annotation, and to validate and improve AI accuracy. The cloud-native system includes a no-code configuration tool, imagery generation using high-performance compute, and microservices and APIs to characterize, integrate, and access data with enterprise systems.
Users include leading commercial and governmental organizations, academic partnerships, and CV analytics firms.