Signapse Secures £2M Seed Funding for Sign Language Translation
London, United Kingdom, May 2024: Signapse, a Generative AI Sign Language translation software company, today announced the closing of a new seed funding round of £2 million with £1.5 million from investors and £500k from Innovate UK. This round of funding was led by Soulmates Ventures and Deeptech Seed Fund, with participation from other investors, including the Royal Association for Deaf people, Empirical Ventures, CEAS Investments, and The FSE Group.
“I couldn’t be more excited and proud about this next stage in our growth.
It is a landmark opportunity, a once in a lifetime moment, to build a transformative product.”“I would like to thank everyone that is, and has been, part of our amazing team.”says Sally Chalk, CEO and Co-Founder at Signapse“This is an important chapter for Signapse, where we can expand our AI messaging from limited domains of discourse such as Transport to more open ended markets such as Website and Video Translation.”says Ben Saunders, CTO and Co-Founder at Signapse
This new round of funding will be used to improve Deaf accessibility through building unconstrained translation for Sign Language. Specifically, the areas that the company will focus on are:Expanding into the Video Translation market to improve Deaf accessibility globallyBuilding unconstrained translation for BSL with the ability to translate from any English sentence into BSL using AIImprove the quality of Signapse AI-generated Sign Language Videos“We at Soulmates Ventures are proud and excited to be a part of the Signapse endeavour in building unconstrained generative AI sign language translation. Their innovative solution is reflecting the daily challenges and needs of the Deaf people. We are looking forward to supporting the Signapse team through our acceleration programme to amplify their distinctive real-time solution and enhance accessibility for the Deaf community globally.”says Michal Sikyta, Investment Director at Soulmates Ventures
They've invested in Signapse
Get to know these AI investors
| # | Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|---|
1 |  Soulmates Ventures | 1 investment(s) investment(s) | more info | |||
2 |  Deeptech Seed Fund | 1 investment(s) investment(s) | more info | |||
3 |  Royal Association for Deaf people | 1 investment(s) investment(s) | more info | |||
4 |  Empirical Ventures | 6 investment(s) investment(s) | more info | |||
5 |  CEAS Investments | 1 investment(s) investment(s) | more info |
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