HomeIrelandSoapBox Labs Raises Funding From Bill & Melinda Gates Foundation

SoapBox Labs Raises Funding From Bill & Melinda Gates Foundation

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SoapBox Labs, a Dublin, Ireland-based voice AI company that powers accurate and equity-driven learning experiences for kids, received new funding from the Bill & Melinda Gates Foundation.

The amount of the deal was not disclosed.

The company will use the funds to develop a Spanish language voice engine to support the needs of millions of young literacy and language learning students across the U.S

Founded in 2013 and led by Martyn Farrows, CEO, SoapBox Labs has built voice technology that can accurately understand children’s unique speech patterns as well as differences in accents or dialects, down to the phoneme level. The company’s early literacy and language tools can automatically and accurately analyze each phoneme – or utterance – a child makes, returning to teachers the immediate and longitudinal data they need to pinpoint individual challenges and personalize their support and instruction, across large numbers of students. In the education space, its voice engine powers preK-12 screening, practice, intervention and assessment tools for literacy, math and language learning.

By the end of June 2023, the tool had powered the learning tools of over 50 education companies and delivered more than 80 million learning experiences for young students globally.

SoapBox’ automated speech recognition solution received the Prioritizing Racial Equity in AI Design Product Certification by global education nonprofit Digital Promise.

FinSMEs

19/07/2023

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