Mindtech Overview
- Year Founded
-
2017
- Status
-
Acquired/Merged
- Employees
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35
- Latest Deal Type
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M&A
Mindtech General Information
Description
Developer of a behavioral simulator designed to reduce the time spent collecting and curating training data for artificial intelligence computer vision applications. The company's platform is automated with embedded functionality to support use cases in multiple industries and its artificial intelligence vision systems are trained, helping computers to understand and predict human interactions in applications ranging across retail, smart home, healthcare and smart city, enabling clients to deliver production-ready artificial intelligence models for computer vision.
Contact Information
Website
www.mindtech.globalCorporate Office
- Spaces Pennine Five Block 2 20-22
- Hawley Street
- Sheffield S1 2EA
- England, United Kingdom
Corporate Office
- Spaces Pennine Five Block 2 20-22
- Hawley Street
- Sheffield S1 2EA
- England, United Kingdom
Mindtech Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 10-Mar-2025 | Completed | Generating Revenue | |||
| 4. Bankruptcy: Admin/Reorg | 01-Mar-2025 | Completed | Bankruptcy: Admin/Reorg | |||
| 3. Later Stage VC | 30-Mar-2024 | Completed | Generating Revenue | |||
| 2. Later Stage VC | 10-Mar-2022 | $3.68M | $6.93M | Completed | Generating Revenue | |
| 1. Early Stage VC | 22-Jul-2021 | $3.25M | $3.25M | Completed | Generating Revenue |
Mindtech Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| A Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 678,621 | $1.270878 | $4.7 | $4.7 | 1x | $4.7 | 12.94% | |
| Ordinary | 991,504 | $1.270878 | $3.76 | $3.76 | 1x | $3.76 | 18.9% |
Mindtech Comparisons
Industry
Financing
Details
Mindtech Competitors (1)
One of Mindtech’s competitors is Parallel Domain, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Parallel Domain | Venture Capital-Backed | San Francisco, CA |
Mindtech Patents
Mindtech Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4258138-A1 | Image tracing system and method | Inactive | 04-Apr-2022 | ||
| GB-202207538-D0 | Image tracing system and method | Pending | 04-Apr-2022 | ||
| GB-2617412-A | Image tracing system and method | Pending | 04-Apr-2022 | ||
| US-20230315779-A1 | Image tracing system and method | Inactive | 04-Apr-2022 | ||
| WO-2023194907-A1 | Image tracing system and method | Inactive | 04-Apr-2022 | G06F21/16 |
Mindtech Signals
Mindtech Former Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Appen | Corporation | Minority | ||
| Deeptech Labs | Accelerator/Incubator | Minority | ||
| Edge Investments (UK) | Venture Capital | Minority | ||
| In-Q-Tel | Not-For-Profit Venture Capital | Minority | ||
| Mercia Asset Management | PE/Buyout | Minority |
Mindtech FAQs
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When was Mindtech founded?
Mindtech was founded in 2017.
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Where is Mindtech headquartered?
Mindtech is headquartered in Sheffield, United Kingdom.
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What is the size of Mindtech?
Mindtech has 35 total employees.
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What industry is Mindtech in?
Mindtech’s primary industry is Business/Productivity Software.
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Is Mindtech a private or public company?
Mindtech is a Private company.
-
What is Mindtech’s current revenue?
The current revenue for Mindtech is .
-
How much funding has Mindtech raised over time?
Mindtech has raised $12.9M.
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Who are Mindtech’s investors?
Appen, Deeptech Labs, Edge Investments (UK), In-Q-Tel, and Mercia Asset Management are 5 of 8 investors who have invested in Mindtech.
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Who are Mindtech’s competitors?
Parallel Domain is a competitor of Mindtech.
-
When was Mindtech acquired?
Mindtech was acquired on 10-Mar-2025.
-
Who acquired Mindtech?
Mindtech was acquired by Synthera Corp.
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