Fano Labs fuels APAC expansion with Series B funding led by Openspace Ventures
05/02/24, 6:17 AM
Location
Industry
natural language processing
machine learning
artificial intelligence
Round Type
series b
Investors
Greater Good Investment, Hsbc, Openspace Ventures
Fano Labs announced the successful closure of its Series B round led by Openspace Ventures, with participation from HSBC, Greater Good Investment, the family office of Mr. and Mrs. Kenneth Lo, and existing shareholders. The funding will be used to establish an office in Singapore, expand further into international markets, and develop the product with a focus on adding more APAC languages and launching its suite of Large Language Model (LLM) products.
Company Info
Location
hong kong, hong kong sar, china
Additional Info
Fano Labs is an AI company specializing in speech and natural language processing technologies to help enterprises with their customer services, compliance, and other lines of businesses. We are particularly focusing on mixed languages in Hong Kong, Southeast Asia, and the Middle East.
As of today, we have supported some of the most accurate speech recognition engines for Cantonese, Mandarin, English (Indian), English (Singapore), English (Philippines), Thai, Arabic, Indonesian Bahasa, Malaysian Bahasa, Taiwanese, and Vietnamese.
Fano Labs is a spin-off from the University of Hong Kong and backed by the Hong Kong Science & Technology Park, Horizons Ventures, Gobi Partners, and Openspace Ventures