Media Localization Startup Ollang Raises USD 1.5M in Seed Funding
US- and Turkey-based media localization startup, Ollang, has raised USD 1.5m in seed funding to expand internationally and develop its proprietary workflow management product.
Language Industry (Artificial) Intelligence — Slator Answers
Investment & Funding
Extensive coverage of startup investments including seed and series A to E rounds in translation, language technology and natural language processing.
Investment Firm Mayfair Equity Partners Acquires Majority Stake in Jonckers
Belgium-based language service provider (LSP) Jonckers sells a majority stake to investment firm Mayfair Equity Partners after rapid organic growth, of more than 75%, in 2022.
ZOO Digital Taps Investors for Japan Acquisition, Gives Full-Year Revenue Guidance
UK-based media localization company ZOO Digital raises GBP 12.5m (USD 15.5m) in a share placing to finance its planned acquisition of a Japanese subtitling and dubbing provider.
NLP Startup NuMind Raises USD 3m in Seed Funding
Natural language processing (NLP) software startup NuMind has raised USD 3m to help companies create custom machine learning (ML) models for a range of NLP tasks.
EU Issues EUR 20m RFP for Large Language Models that ‘Respect European Values’
The EU Commission announced a EUR 20m tender for the development of advanced language technologies focused on natural language understanding and interaction.
Slator 2022 Language Industry M&A and Funding Report
44-pages on 2022 translation and localization industry acquisitions and translation startup investments, with valuations, deal rationale.
Machine Dubbing Startup, Voiseed, Founded by Ex-Keywords Exec, Raises EUR 1M
Former Keywords Studios’ Exec, Andrea Ballista, has raised EUR 1m for his new machine dubbing venture, Voiseed, which aims to revolutionize the dubbing industry.
Cohere Reportedly Valued at 6 Billion USD as Investors Pile into NLP Foundation Models
Canada-based natural language processing (NLP) startup, Cohere, is tipped to be raising hundreds of millions of dollars at a valuation of more than six billion dollars.
Iyuno Invests in Turkish Subtitling and Dubbing Company Ak’la Kara
Media localization giant, Iyuno, announces its strategic investment in Turkish subtitling and dubbing provider, Ak’la Kara International, to add capacity for Turkish dubbing.
EasyTranslate Raises EUR 3m to Scale ChatGPT Content Generation Tool
Danish language software provider, EasyTranslate, has raised more than EUR 3m to build a ChatGPT-based content generation tool integrated into the translation workflow.
Spanish NLP Data Labeling Platform Argilla Raises USD 1.6M in Seed Funding
The open-source platform helps users build and refine datasets without hand-labeling training examples. Funding round co-led by Caixa Capital Risc and Zetta Venture Partners.
Confirmed: DeepL a Unicorn as Investment Values Machine Translation Firm at USD 1bn+
DeepL confirms it raised funds from VC at a billion-dollar valuation, giving the German-based machine translation company lots of dry powder to scale in the enterprise segment.
PE Firm Mobeus Invests in The Translation People in Management Buyout
London-based private equity firm, Mobeus, acquires majority stake in UK-based language service provider, The Translation People, from LSP’s founders.
AI Dubbing Platform, NeuralGarage, Raises USD 1.45m in Seed Round
Indian visual dubbing startup, NeuralGarage, raises USD 1.45m in seed funding to build R&D, engineering, and product teams.
DeepL Taps Investors in Round Valuing Machine Translation Firm at USD 1 Billion — Reports
German tech darling DeepL said to be in final stretch of closing large venture capital-backed financing round, valuing machine translation firm at nearly USD 1bn.
Multilingual AI Writer Jasper Valued at USD 1.5 Billion in Series A
Among the dozens of AI writing tools built on GPT-3 and launched over the past year, Jasper takes the funding crown as it pockets USD 125m in a unicorn-making series A.
Indian Machine Dubbing Startup Dubdub Raises USD 1m
Machine dubbing startup, Dubdub, raises USD 1m in seed funding. Finds traction with marketing, creative agencies; sees “strong pull” from production houses, OTT.
Neur.on Raises USD 1.6m to Scale TMS ‘Hyper-Specialized’ for Legal and Finance
Swiss SaaS platform, Neur.on, designed for localization users, buyers in legal and finance sectors, announces USD 1.6m investment round.
Live Meeting Transcription Startup, Airgram, Raises USD 10m in Series A
Airgram raises USD 10m in series A from four investors; plans expansion of R&D, services, and offices.
XL8 Raises USD 3m Bridge to Accelerate Machine Translation in Media Localization
Machine translation (MT) startup, XL8, raises USD 3m on UVP; engine trained on human-curated, post-edited data from media and entertainment industry. Round led by Korean VC, Atinum.
USD 4.8m Private Placement for Canadian Transcription Company VIQ Solutions
Two shareholders have purchased more than 3.55 million shares of publicly traded company, VIQ Solutions, which has grown via recent acquisitions to offer translations and voice-overs.
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