Translated: Raises $30M in Funding

Translated Raises $30M in Funding

  • Translated, a Rome, Italy-based company that leverages artificial intelligence to support professional translators, raised $30m in funding
  • The round was led by a $25m investment from Ardian via the Ardian Growth fund
  • Through this investment, Ardian will help the company grow fast and scale the adoption of its AI-powered platform in Europe and in the US
  • The company is an end-to-end translation platform that combines iproprietary adaptive neural machine translation software – ModernMT – with a network of 200,000 engaged linguists
  • For over 20 years, The company has been offering human translation services in 194 languages and 40 areas of expertise
  • Today, the company serves global tech platforms including Airbnb, Google and Uber as well as small and medium-sized businesses
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

ECB Strengthens Digital Euro Rollout with Standard Setter Agreements

New collaborations aim to facilitate the digital euro's global integration.Highlights: ECB partners with key global standard setters.Agreements aim...

CreditNature Strengthens Nature Restoration Funding Through Everyday Transactions

New partnership enables businesses to support environmental initiatives seamlessly.Highlights: CreditNature teams up with Stabiliti for eco-friendly funding.Businesses can...

FedNow Strengthens Instant Payments Security with New API Tool

New API tool enhances security for immediate digital transactions in the U.S.Highlights: FedNow introduces a new API tool...

UK Government Strengthens Talks with Anthropic for Mythos Release Amid Concerns

Anthropic's AI technology under scrutiny as UK seeks to enhance regulatory framework.Highlights: UK government engages Anthropic for AI...