Speechmatics recites $8.2m series A

Oct 22, 2019 • Callum Cyrus

Cambridge's Speechmatics has collected fresh funding from AlbionVC, IQ Capital Partners and business angels to take forward its growth strategy.

Speechmatics, a UK-based speech recognition platform developer based on University of Cambridge technology, yesterday obtained £6.4m ($8.2m) in a series A round led by AlbionVC, the venturing arm of investment firm Albion Capital.
The round was filled out by local deep tech-focused venture firm IQ Capital Partners and multiple unnamed angel investors.
Founded in 2009, Speechmatics offers a machine learning-driven speech recognition technology that can be applied to both live and pre-recorded multimedia clips containing verbal discourse in…

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