Humelo Raises $2.6 Million in pre-Series A  

by Kay Aloha Villamor in October 22nd, 2021

Humelo, a Seoul, South Korea-based startup that specializes in AI-based voice synthesis solutions, raised $2.6 million in pre-series A funding led by KT Investment and Kakao Investment.

The company intends to use the funds for hiring and the development of new services, such as dubbing in multiple languages and/or creating voices based on voice synthesis.

Company: Humelo Inc.

Raised: $2.6M

Round: pre-Series A

Funding Month: October 2021

Lead Investors: KT Investment and Kakao Investment

Additional Investors: 

Company Website: http://www.humelo.com/

Software Category: AI-based voice synthesis solutions

About the Company: Led by CEO Lee Ja-ryong, Humelo provides an AI TTS (text-to-speech) solution, Prosody, which can create AI voice-read sentences from a short sample audio recording. Humelo’s technology allows the user to convert a Korean language recording into other languages, such as English, Chinese and Japanese. Also, the user can convert English, Chinese and Japanese languages into other languages as well. Users can also isolate one voice from an audiovisual file and change it into a completely different voice of one’s choosing. The company is currently engaged in diverse voice synthesis collaborations with top-tier Korean companies, such as KT and SM Entertainment, based on the growing recognition of its AI voice synthesis technologies.

Source: https://www.finsmes.com/2021/10/humelo-raises-us2-6m-in-pre-series-a-funding.html

 


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