Plank Secures Series A Investment… Further Enhances AI Features in English Conversation Service
Summary
Plang, an AI-driven English conversation edtech startup, secured a Series A investment with participation from the Korea Credit Guarantee Fund and a Korean small-and-medium-venture agency; the investment amount was not disclosed. The company will use the funding to deepen its AI technology and expand into B2B markets. Plang recently added AI features that correct learners' sentences and enable a 'free-talking' practice mode to simulate conversation. The startup launched its service in Japan in April and plans further localization and expansion across Asia, Europe, and the Americas.
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November 20, 2023
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