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To break down the language barrier and enable people to access cutting-edge AI tools in the language and mode of their choice.
50% female employees
70% employee growth in 12 months
NeuralSpace is a SaaS platform which offers developers a suite of APIs for language AI (Natural Language Processing - NLP) models in more than 100 languages. The Googles, Microsofts, IBMs and AWSs of this world sometimes offer models in these languages too, but even if they do, they are often inaccurate in many real-world use cases.
NeuralSpace has taken a fundamentally different stand in developing such models with a local-languages-first approach; meaning, they make sure that their models perform well in locally spoken languages such as Gujarati, Arabic or Swedish before they even train them on English, French and Spanish.
NLP as a sector of AI is continuing to advance at a rapid pace and also attract a lot of investment. NeuralSpace has raised considerable seed-funding which it will use to scale the platform and develop a broad range of tools for some of the biggest spoken-language markets. It has various text and speech models that are packaged as “platform services”, and these can be applied to anything from chatbots and virtual assistants to hate-speech detectors.
The company has recently rebranded as part of a move towards serving enterprise customers as well as its traditional userbase of developers. It has also released a "playground" environment, allowing its users to experiment with its products online. Riding the wave of AI adoption in large companies is likely to be a shrewd move that will serve NeuralSpace well as it continues to grow its presence in the market.
Freddie
Company Specialist at Welcome to the Jungle
Sep 2022
$1.1m
SEED
Feb 2022
$1.7m
SEED
Total funding
This company has top investors
Felix Laumann
(CEO)PhD in Statistics from Imperial College London.
Ayushman Dash
(CTO)Worked as an Applied Research Scientist with Element AI. Former Software Engineer at Insiders Technologies.