Incubation/Acceleration
Provider of APIs for language AI models NeuralSpace raises $2.8 M from Techstars
NeuralSpace, an India- and UK-based software-as-a-service (SaaS) platform that offers developers a suite of APIs for language AI models in more than 100 languages, has received a USD 2.8 million seed investment from US-based Techstars. NeuralSpace, founded by Ayushmann Dash and Felix Laumann, offers a suite of APIs for language AI models, with features such as entity recognition, language understanding, speech-to-text, text-to-speech, machine translation, and transliteration. The functionalities come pre-trained with some basic understanding of every language and can be used in many industries. Developers can either consume the content directly or customise it to get their own unique AI model that accurately solves their business problems. The startup offers a pay-as-you-go revenue model.
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