An artificial intelligence startup with its headquarters in Delafield plans to nearly double its staff this year after raising $15 million in its latest venture capital round.
Synthetaic Inc. announced its Series B raise Tuesday. It currently has 47 employees and plans to hire an additional 40 by the end of the year, the startup told the Milwaukee Business Journal via email.
The company’s technology is designed to help customers quickly use AI in a cost effective manner to identify objects within raw image data, including video and satellite imagery. The company was founded in 2019 and is now focused on scaling.