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Lucida AI Raises $7M Seed

Lucida AI raises $7M in seed funding led by Velocity Capital to expand its speech-to-speech AI platform and enterprise communication tools.

Ben Murray profile image
by Ben Murray
Lucida AI Raises $7M Seed

Lucida AI Raises $7M Seed

Lucida AI, based in Europe, is a speech-to-speech AI platform that develops proprietary speech-native technology to improve spoken communication for individuals and enterprises. The company has raised $7 million in total seed funding, including a recent $1.6 million injection that completed the round.

Investors

The seed round was led by UK-based Velocity Capital, with participation from Next Tier Ventures, Look AI Ventures, Bogazici Ventures, Yapı Kredi Frwrd Ventures, and Ünlü & Co.

Lucida AI Use of Funds

Lucida AI plans to use the capital to expand its speech-to-speech AI platform into new languages and markets. The funding will also support the further development of its proprietary speech-to-speech AI infrastructure, the growth of its enterprise offerings, and ongoing product development.

About Lucida AI

Founded 15 months ago by Mustafa Girgin and M. Sait Demirci, Lucida AI aims to facilitate global communication through real-time, AI-powered speech interactions. Its platform uses a proprietary Speech Language Model to provide users with instant feedback on fluency, pronunciation, and clarity without the need for text prompts, serving both individual users via mobile app and enterprises through secure, on-premises hosting.

Funding Details

Company Website: https://getlucida.com

Company: Lucida AI
Raised: $7M
Round: Seed
Funding Date: June 2026
Lead Investor: Velocity Capital
Additional Investors: Next Tier Ventures, Look AI Ventures, Bogazici Ventures, Yapı Kredi Frwrd Ventures, Ünlü & Co
Software Category: Artificial Intelligence
Source: https://tech.eu/2026/06/30/lucida-ai-closes-7m-seed-round-for-speech-to-speech-ai/

Ben Murray profile image
by Ben Murray

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