German AI translation startup DeepL raises $300M at a $2B valuation for research, innovation, and expansion.
German AI translation startup DeepL raises $300M at a $2B valuation to boost research, product innovation, and global market expansion. The company, valued at $1B in January 2023, now serves over 100,000 businesses and organizations with its AI-powered translation services. The funding round, led by Index Ventures, will aid in sales and marketing efforts and further research and development.
May 22, 2024
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