FinTechFunding

Neosapience: Secures $21.5M in Series B Funding

Neosapience Secures $21.5M in Series B Funding

  • Neosapience, a Seoul, South Korea-based startup that operates AI-powered virtual actor service Typecast, raised $21.5M in Series B funding
  • The round was led by BRV Capital Management, with participation from Stic Ventures, Quantum Ventures, Company K Partners, Albatross Investment Capital, Daekyo Investment and TimeWorks Investment
  • The company intends to use the funds to further product development and expansion into the U.S.
  • The company aims to make AI-powered virtual actors for everyone based on core technology that synthesizes realistic and emotional voices and faces from a given text script
  • The platform is suited for anyone planning to create video and audio content because it allows anyone to use AI-powered virtual actors, leveraging audio and video synthesis technology in their content
  • The company first started as an AI voice actor service, providing 170 virtual voice actors in Korean and English
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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