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
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.

You May Also Like

Scammers Impersonate NAB Trade’s Tom Piotrowski to Endorse Fraudulent Investments

NAB Trade warns investors about the ongoing impersonation scams targeting clients.Highlights: Scammers are impersonating Tom Piotrowski from NAB...

Bermuda Strengthens Onchain Economy with New Regulatory Framework

Government seeks to attract blockchain innovation and investment.Highlights: Bermuda introduces new regulations to boost its onchain economy.The framework...

Australia Tightens Cash Acceptance Rules for Retailers

New regulations will impact how retailers handle cash transactions.Highlights: Australia introduces stricter cash acceptance rules for retailers.The new...

Trump Calls on Congress to Cap Credit Card Rates

The former president urges lawmakers to limit high interest rates amid economic concerns.Highlights: Trump advocates for capping credit...