MOSTLY AI raises $25 million to further commercialize synthetic data in Europe and the US

Austrian synthetic data startup MOSTLY AI today announced that it has raised a $25 million Series B round. British VC firm Molten Ventures led the operation, with participation from new investor Citi Ventures. Two existing investors also returned: Munich-based 42CAP, and Berlin-based Earlybird, which had led MOSTLY AI’s $5 million Series A round in 2020.

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