Budapest-founded DiffuseDrive has raised undisclosed funding. Founded by Balint Pasztor, CEO, and Roland Pinter, CTO the company aims to solve the lack of data in AI-based computer vision development.
DiffuseDrive is building a prompt-based tool for computer vision developers. It generates domain — and customer-specific synthetic data and provides advanced annotations. It also enables insightful exploration of user data, delivering essential capabilities for enhancing computer vision performance.
According to Balint Pasztor, the CEO and co-founder of DiffuseDrive:
“The physical realities limit you at sourcing data for the development, of course we need synthetic data. The state-of-the-art solutions for such data are inadequate and outdated. It does not cut it.”
Both co-founders have international experience from the US and Europe and built DiffuseDrive to be a global first company, headquartered in the San Francisco Bay Area with an engineering team and talent in Europe.
Coinciding with 500 Emerging Europe’s thesis on talents from CEE region building companies in the US tackling global problems.
500 Emerging Europe invested an undisclosed amount alongside three angel investors in the venture of Balint and Roland.
Enis Hulli, 500 Emerging Europe, said:
“Emerging Europe is more than a geographic description; it embodies a mindset focused on creating tech-exporting powerhouses and leveraging the region’s exceptional talent to solve the world’s toughest tech problems.”
In November, DiffuseDrive also joined 500 Global’s Flagship Accelerator in Palo Alto, a four-month program that further accelerated their growth. With its strategic base in the San Francisco Bay Area for sales, business development and product, while a cost-effective engineering team in Europe, DiffuseDrive is positioned for global impact.
The company has already secured enterprise customers, including Fortune 500 companies.
Lead image: DiffuseDrive. Photo: uncredited.
