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Lingopal.ai raised $14M in a Series A funding led by DCM Ventures to enhance its speech-to-speech translation technology.

Feb 12, 20255 months ago

Amount Raised

$14 Million

Round Type

series a

New YorkLanguage LearningArtificial Intelligence

Investors

Marquee VenturesScrum VenturesDcm Ventures

Description

Lingopal.ai has announced it raised $14 million in an oversubscribed Series A funding round led by DCM Ventures, with participation from other investors. This investment will support the company's expansion into new markets and further development of its innovative translation platform.

Company Information

Company

Lingopal.ai

Location

New York, New York, United States

About

Lingopal.ai is a leader in real-time speech-to-speech translation, utilizing six foundational AI models built in-house to translate live streams. The company's innovative platform provides a no-code, plug-and-play solution, allowing for instant translation of audio into over 120 languages. Founded by experienced professionals from Microsoft and Tesla, Lingopal.ai aims to break down language barriers and enhance global communication. The technology is particularly focused on the sports industry, addressing a significant market opportunity.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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