Draft:Syntho
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{{Draft topics|internet-culture|software|technology}}
{{AfC topic|org}}
Syntho is a synthetic data generation company specializing in providing AI-generation solutions for privacy-preserving data synthesis and analytics..{{Cite web |title=DNA Lab projects |url=https://www.sas.com/nl_nl/dna-lab/dna-lab-projects.html |access-date=2024-08-16 |website=www.sas.com |language=nl-NL}} With their product, Syntho Engine, they provide an optimized way to generate various data types including financial and healthcare-related information.{{Cite web |title=Privacy Enhancing Technologies in Practice {{!}} TNO |url=https://www.tno.nl/en/newsroom/insights/2023/01/privacy-enhancing-technologies-practice/ |access-date=2024-08-16 |website=tno.nl/en |language=en}} 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. 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. 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
== History ==
Syntho was established in 2020 by Wim Kees Janssen, Simon Brouwer and Marijn Vonk.{{Cite web |title=Dutch Security TechFund Invests in Syntho's Synthetic Data Solution to Solve the Global Data Privacy Dilemma |url=https://securitydelta.nl/news/overview/dutch-security-techfund-invests-in-syntho-s-synthetic-data-solution-to-solve-the-global-data-privacy-dilemma |access-date=2024-08-16 |website=securitydelta.nl |language=en-gb}} 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.{{Cite web |title=Synthetic Data - Research Data Management - Research Integrity - Erasmus Research Institute of Management - ERIM |url=https://www.erim.eur.nl/research-integrity/research-data-management/synthetic-data/ |access-date=2024-08-16 |website=www.erim.eur.nl}} 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{{Cite web |last=Capital |first=Village |title=30 Early-Stage Startups Selected for Cohorts 2 & 3 of IBM's Hyper Protect Accelerator Program |url=https://newsandviews.vilcap.com/press-releases/hyper-protect-accelerator-2020-cohorts-2-3 |access-date=2024-08-16 |website=newsandviews.vilcap.com |language=en}}
In 2021, Syntho secured seed funding from TIIN Capital.{{Cite web |last=Tucker |first=Charlotte |date=2021-05-31 |title=Amsterdam-based startup Syntho lands almost €1 million to solve the global data privacy dilemma |url=https://www.eu-startups.com/2021/05/amsterdam-based-startup-syntho-lands-almost-e1-million-to-solve-the-global-data-privacy-dilemma/ |access-date=2024-08-16 |website=EU-Startups |language=en-US}}
In 2021, Syntho's software, Syntho Engine, received approval from data analytics leader SAS for generating synthetic data.{{Cite web |last=Gastauteur |date=2021-11-12 |title=Potentieel van synthetische data is enorm |url=https://www.techzine.nl/experts/data-management/470299/potentieel-van-synthetische-data-is-enorm/ |access-date=2024-08-16 |website=Techzine.nl |language=nl-NL}}
In 2021, the company won the Philips Innovation Award.{{Cite web |title=Syntho |url=https://www.phia.nl/story/syntho/ |access-date=2024-08-16 |website=Philips Innovation Award |language=en}}{{Cite web |title=Amsterdam-based AI startups Lalaland and Syntho sweep Philips' Innovation and Rough Diamond League awards {{!}} Data Science District |url=https://datasciencedistrict.nl/amsterdam-based-ai-startups-lalaland-and-syntho-sweep-philips-innovation-and-rough-diamond-league-awards/ |access-date=2024-08-16 |website=datasciencedistrict.nl}}{{Cite web |last=News |first=Mirage |title=UNESCO and VIVA Tech host pitch session for AI-based solutions that benefit people and planet |url=https://www.miragenews.com/unesco-and-viva-tech-host-pitch-session-for-ai-597302/ |access-date=2024-08-16 |website=Mirage News |language=en-AU}}
2022: Selected by NVIDIA as a leading Generative AI Scale-up.{{Cite web |title=DBC verwelkomt met enthousiasme Syntho als nieuwe partner |url=https://dutchblockchaincoalition.org/nieuws/dbc-verwelkomt-syntho-als-nieuwe-partner |access-date=2024-08-16 |website=Blockchain |language=nl}}
2022: Won the gender bias challenge of UNESCO.{{Cite web |title=L'UNESCO et VIVA Tech s'unissent pour identifier des solutions basées sur l'IA bénéfiques pour les individus et la planète |url=https://www.unesco.org/fr/articles/lunesco-et-viva-tech-sunissent-pour-identifier-des-solutions-basees-sur-lia-benefiques-pour-les?hub=701 |website=Unesco}}
2022: Syntho selected as 1 out of the 10 Health-Tech Startups to join Cedars-Sinar's Eighth Accelerator Program.{{Cite web |title=Health-Tech Startups Join Cedars-Sinai's Eighth Accelerator Class |url=https://www.cedars-sinai.org/newsroom/health-tech-startups-join-cedars-sinais-eighth-accelerator-class/ |website=Cedars-Sinai}}
In 2023, the company joins project funded by the European Commission, INSAFEDARE, to develop a toolkit that revolutionizes medical device regulation.{{Cite web |title=INNOVATIVE APPLICATIONS OF ASSESSMENT AND ASSURANCE OF DATA AND SYNTHETIC DATA FOR REGULATORY DECISION SUPPORT {{!}} INSAFEDARE Project {{!}} Fact Sheet {{!}} HORIZON |url=https://cordis.europa.eu/project/id/101095661 |access-date=2024-08-16 |website=CORDIS {{!}} European Commission |language=en}}
In 2024 Syntho was featured in MMC Venture's as the top 250 European Data Infrastructure Startups.{{Cite web |title=250 European Data Infrastructure startups and what we learned from them |url=https://mmc.vc/research/250-european/ |access-date=2024-08-16 |website=MMC |language=en-GB}}
== Activities ==
Syntho operates in key areas of synthetic data generation, including test data management across the EU, US, and Japan.. 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
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