Synthesized, a London- and New York-based startup that uses artificial intelligence to automate software testing, has raised $20 million in new venture capital funding, as demand for quality assurance tools surges across the tech industry.
The Series A funding round was led by Redalpine Venture Partners, with participation from IQ Capital, Mercia Ventures, UBS and Seedcamp. Deutsche Bank, which previously invested in the company and is also a customer of Synthesized, invested in the new funding round as well.The company did not disclose its valuation following the funding round.
Synthesized hopes to take advantage of a surging demand for software quality assurance, its founder and CEO Nicolai Baldin told Fortune. With the increasing popularity of “vibe coding”—using AI to write computer software simply from a description of what the software should do–as well as AI-powered coding assistants that provide suggestions to human coders, testing the resulting code to ensure that it works well and doesn’t introduce cybersecurity vulnerabilities is more important than ever.
“We are making sure we really identify those things which are going to break your app, at the data level, on the environment level, and help you expose those breakage points,” Baldin said. “This is absolutely critical because those traditional [testing] coordinators, they don’t do that.”
