TEDCO Invests in OmniSpeech
Summary
TEDCO invested $500,000 in OmniSpeech through a mix of Venture Funds and Social Impact Funds. OmniSpeech builds AI and machine learning speech technology that improves noise suppression, speech recognition, and voice detection. The company says it is using the capital to expand R&D and broaden its reach across apps and devices. OmniSpeech also notes existing investors and says it has roughly $1 million left in its current round. The company’s technology already supports licensing deals and voice-related products for enterprise and consumer applications.
Funding
Amount
$500.0K
Total raised
Date
July 16, 2024
Announcement date
Investors
TEDCO, Federal Trade Commission, Black Angel Tech Fund, Dasein Capital, Backstage Capital
Lead investors
Company
http://www.omni-speech.com/
Funded company
Classifications
industries
Entertainment
applications
Customer Service & Support
AskAI Classifications
Labels
SaaS
Developer Tools
Cybersecurity Software
Linked Companies
OmniSpeech
$1M to $5M