Signapse, a Guildford, UK-based Generative AI Sign Language translation software company, closed a new seed funding round of £2M with £1.5M from investors and £500k from Innovate UK.
The round 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.
The company intends to use the funds to:
- Expand into the video translation market to improve Deaf accessibility globally
- Build translation for BSL with the ability to translate from any English sentence into BSL using AI
- Improve the quality of Signapse AI-generated sign language videos
Led by CEO Sally Chalk and CTO Ben Saunders, Signapse is a Sign Language translation software company that uses Generative AI to achieve photo-realism and accuracy to provide greater accessibility for the Deaf community. Over the past two years, the company has used Generative AI to create 5,000 BSL train announcements daily throughout the UK, as well as delivering over 4,000 manual BSL translations for clients in the website and video markets. More recently, Signapse has delivered Deaf accessibility to transport companies such as LNER Train Stations in the UK, and Cincinnati/Northern Kentucky International (CVG) Airport in OH, USA.
FinSMEs
05/06/2024