Foxconn and MediaTek contributed to a $75.7m round that speech recognition technology provider AISpeech will use for hiring and product development.
China-based speech recognition technology developer AISpeech has raised RMB500m ($75.7m) from investors including contract manufacturer Foxconn and fabless semiconductor producer MediaTek, China Money Network reported yesterday, citing a company announcement.
Investment holding company Oriza Holdings and investment group China Minsheng co-led the round, which also featured Shenzhen Venture Capital, the venture capital firm set up by the Chinese city of Shenzhen’s municipal government.
Founded in 2008, AISpeech develops speech-recognition and natural language processing technology that enables consumer hardware products such…
