Lengoo Raises USD 20m Series B From Inkef on AI Agency Investment Thesis – via slator.com

On February 10, 2021, Lengoo announced that it had closed a USD 20m Series B round led by Amsterdam-based Inkef Capital. This brings total funds raised by the Berlin-based language service provider to USD 34m.The Series B, which closed on January 29, 2021, drew existing investors Redalpine, Creathor Ventures, and...

BLEND Raises $10m to Fuel Global Growth with End-to-end Localization Services – via slator.com

Feb 22nd, 2021, BLEND (formerly OneHourTranslation), an end-to-end technology-based multi-market enabler, announced the completion of a $10 million funding round to fuel its continued rapid growth. Existing investor Fortissimo Capital led the round following a year of strategic expansion reflected in the company’s new brand and offering. BLEND leverages OneHourTranslation’s...

Media Localizer ZOO Digital Raises GBP 7.4m, Sees End-Markets Accelerate – via slator.com

UK-based media localization company ZOO Digital raises USD 10.3m in oversubscribed share placement to grow internationally and develop “longer-range” R&D. The post Media Localizer ZOO Digital Raises GBP 7.4m, Sees End-Markets Accelerate appeared first on Slator. Source link

Multilingual Video Conferencing Startup KUDO Raises USD 21m in Series A – via slator.com

New York-based multilingual conferencing platform, KUDO, announced on March 30, 2021, that it had closed a series A round of USD 21m. Led by Menlo Park-based VC, Felicis Ventures, the round also attracted investors such as Maverick Ventures, Elephant VC, FJ Labs, Global Founders Capital, and Pershing CEO Bill Ackman....

Hugging Face Raises USD 40m for Natural Language Processing Platform – via slator.com

Hugging Face, a machine learning startup with headquarters in Paris and New York, raised USD 40m in a series B round that closed March 11, 2021. As reported by VentureBeat, VC firm Addition led the round, with Lux Capital, A.Capital, and Betaworks participating. Notable individual investors included Dev Ittycheria, CEO...

Language I/O Raises $5 Million – via slator.com

Enabling Real-Time Communication with Customers in any Language over any Channel  Cheyenne, Wyoming  – March 23, 2021 – Language I/O, powering meaningful conversations between global organizations and their customers, today announced it has raised $5 million in A round funding. This is significant as the company was bootstrapped since 2015,...