Draft:Syntho
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Syntho is a synthetic data generation company specializing in providing AI-generation solutions for privacy-preserving data synthesis and analytics..[1] With their product, Syntho Engine, they provide an optimized way to generate various data types including financial and healthcare-related information.[2] It can produce data in any language and alphabet, catering to customers in the EU, US, and Japan and is capable of generating datasets with multiple tables, with time-series and geographical data[2]. By starting with original data, their engine uses Artificial Intelligence technology to produce synthetic datasets that preserve the same relational and statistical properties as the original data[2]. Syntho does not handle sensitive data directly; instead, they provide a self-service platform that clients can deploy in their own secure environment to generate synthetic data independently[2]
History
[edit]Syntho was established in 2020 by Wim Kees Janssen, Simon Brouwer and Marijn Vonk.[3] In their early years, Syntho had held projects for their synthetic data platform for various public organizations including, Statistics Netherlands, Kamer van Koophandel (KVK), Erasmus University Rotterdam.[4] They also held projects with organizations in the Healthcare industry including, Cedar Sinai Medical Center, Erasmus Medical Centre, Leiden University Medical Center, University Medical Center Groningen, Lifelines.
Syntho was selected as one of the 30 Early-Stage Startups Selected for Cohorts 2 & 3 of IBM's Hyper Protect Accelerator Program in 2020[5]
In 2021, Syntho secured seed funding from TIIN Capital[3].[6]
In 2021, Syntho's software, Syntho Engine, received approval from data analytics leader SAS for generating synthetic data.[7]
In 2021, the company won the Philips Innovation Award.[8][9][10]
2022: Selected by NVIDIA as a leading Generative AI Scale-up.[11]
2022: Won the gender bias challenge of UNESCO[10].[12]
2022: Syntho selected as 1 out of the 10 Health-Tech Startups to join Cedars-Sinar's Eighth Accelerator Program.[13]
In 2023, the company joins project funded by the European Commission, INSAFEDARE, to develop a toolkit that revolutionizes medical device regulation.[14]
In 2024 Syntho was featured in MMC Venture's as the top 250 European Data Infrastructure Startups.[15]
Activities
[edit]Syntho operates in key areas of synthetic data generation, including test data management across the EU, US, and Japan.[2]. They have collaborated with global enterprises such as Seven Bank, KPN, Philips, Cedars-Sinai, and SAS, among others. Their solutions are used in industries like banking, pharmaceutics, healthcare, insurance, and public organizations, providing advanced synthetic data solutions to enhance data privacy and utility[2]
References
[edit]- ^ "DNA Lab projects". www.sas.com (in Dutch). Retrieved 2024-08-16.
- ^ a b c d e f "Privacy Enhancing Technologies in Practice | TNO". tno.nl/en. Retrieved 2024-08-16.
- ^ a b "Dutch Security TechFund Invests in Syntho's Synthetic Data Solution to Solve the Global Data Privacy Dilemma". securitydelta.nl. Retrieved 2024-08-16.
- ^ "Synthetic Data - Research Data Management - Research Integrity - Erasmus Research Institute of Management - ERIM". www.erim.eur.nl. Retrieved 2024-08-16.
- ^ Capital, Village. "30 Early-Stage Startups Selected for Cohorts 2 & 3 of IBM's Hyper Protect Accelerator Program". newsandviews.vilcap.com. Retrieved 2024-08-16.
- ^ Tucker, Charlotte (2021-05-31). "Amsterdam-based startup Syntho lands almost €1 million to solve the global data privacy dilemma". EU-Startups. Retrieved 2024-08-16.
- ^ Gastauteur (2021-11-12). "Potentieel van synthetische data is enorm". Techzine.nl (in Dutch). Retrieved 2024-08-16.
- ^ "Syntho". Philips Innovation Award. Retrieved 2024-08-16.
- ^ "Amsterdam-based AI startups Lalaland and Syntho sweep Philips' Innovation and Rough Diamond League awards | Data Science District". datasciencedistrict.nl. Retrieved 2024-08-16.
- ^ a b News, Mirage. "UNESCO and VIVA Tech host pitch session for AI-based solutions that benefit people and planet". Mirage News. Retrieved 2024-08-16.
{{cite web}}:|last=has generic name (help) - ^ "DBC verwelkomt met enthousiasme Syntho als nieuwe partner". Blockchain (in Dutch). Retrieved 2024-08-16.
- ^ "L'UNESCO et VIVA Tech s'unissent pour identifier des solutions basées sur l'IA bénéfiques pour les individus et la planète". Unesco.
- ^ "Health-Tech Startups Join Cedars-Sinai's Eighth Accelerator Class". Cedars-Sinai.
- ^ "INNOVATIVE APPLICATIONS OF ASSESSMENT AND ASSURANCE OF DATA AND SYNTHETIC DATA FOR REGULATORY DECISION SUPPORT | INSAFEDARE Project | Fact Sheet | HORIZON". CORDIS | European Commission. Retrieved 2024-08-16.
- ^ "250 European Data Infrastructure startups and what we learned from them". MMC. Retrieved 2024-08-16.