Neuphonic, a London, UK-based startup focused on advancing human-AI communication through cutting-edge text-to-speech (TTS) technology, has secured £3 million in pre-seed funding.
Investors
The round was led by Moonfire VC, with participation from Tiny VC, Salica Oryx Fund, and Cur8 Capital.
Moonfire VC is a venture capital firm based in London, UK, that focuses on pre-seed and seed-stage investments across Europe. Founded in 2019, the firm invests in finance, gaming, community & leisure, health & well-being, work, and knowledge.
Neuphonic Use of Funds
The company plans to use the funds to expand its language capabilities, improve AI model performance, and develop on-device solutions.
About Neuphonic
Founded by Jiameng Gao and Sohaib Ahmad, Neuphonic offers AI-powered text-to-speech and conversational AI solutions. Its patent-pending TTS algorithm enables real-time speech generation with an ultra-low latency of 25 milliseconds, allowing for more natural, human-like communication. The technology is compatible with any Large Language Model, regardless of language. Neuphonic’s API is currently available through an exclusive closed beta program for businesses looking to integrate human-like speech into their products.
Funding Details
Company: Neuphonic
Raised: £3.0M
Round: Pre-Seed
Funding Date: October 2024
Lead Investor: Moonfire VC
Additional Investors: Tiny VC, Salica Oryx Fund, Cur8 Capital
Company Website: https://neuphonic.com/
Software Category: Text-to-Speech and Conversational AI Solutions
Source: https://siliconcanals.com/neuphonic-raises-e3-5m-in-pre-seed-round/