Hungarian startup DiffuseDrive raises capital to support its global expansion

DiffuseDrive, a Budapest-based startup providing a prompt-based tool for computer vision developers with an office in San Francisco, has raised an undisclosed funding amount from 500 Emerging Europe and three angel investors. The investment will support its development and expansion. 

  • DiffuseDrive was co-founded by Balint Pasztor and Roland Pintér. The company develops a tool for computer vision developers that generates synthetic data, annotates it, and enhances model performance through data exploration. The startup’s tool is designed to address the challenges of data scarcity in AI-driven computer vision projects.
  • According to the company, its solution enables developers to create customized synthetic data and perform advanced annotations, improving the efficiency and accuracy of their models. In November last year, DiffuseDrive joined 500 Global’s Flagship Accelerator in Palo Alto, a four-month program that further accelerated their growth.
  • 500 Emerging Europe led the current round. It is a venture capital firm focused on helping European startups to scale globally. It is part of 500 Global which has over $1.8 billion in assets under management.

The new funding will support further development of DiffuseDrive’s technology and expansion of its global presence.