Wondercraft, a London, UK-based AI audio content company, raised $3M in Seed funding.
The round was led by Will Ventures and backed by Y Combinator, ElevenLabs, Steven Bartlett and other Angels.
The company intends to use the funds to further build out the capabilities of the platform and expand the features available to its users.
Founded by Dimitris Nikolaou and Youssef Rizk, and Oskar Serrander, Wondercraft provides a platform that enables users to add professional audio to a range of creative projects, with templates ready to transform blogs into podcasts, articles into audiobooks, and advertising copy into marketing campaigns. Its tools and templates offer custom AI script assistants, professional music, video generation and ultra-realistic AI voices to help users create great-sounding listening experiences. The platform also offers a tool to translate and dub new or existing projects into 15+ languages using AI and supported by a team of 100+ language experts who edit, validate and quality assure each translation.
After launching in beta in 2023, the solution has already been used by over 30,000 creators, writers, entrepreneurs, advertisers and brands. The technology is also powering dozens of the biggest titles in podcasting, including Diary of A CEO and CoinDesk podcasts network.
Commenting on the news, Dimitris Nikolaou said: “Canva made everyone a designer – we want to empower everyone to be an audio creator. Audio is an integral part of people’s media habits today, yet many gifted storytellers are held back by limited tools, production resources and translation services. The incredible breakthrough in human-like synthetic voices, pioneered by our partners at ElevenLabs, was the catalyst for us to pursue our vision of a creative platform dedicated to audio.”
FinSMEs
29/01/2024