World’s fastest text-to-speech tech: Neuphonic raises £3M to revolutionise voice AI

Neuphonic raises £3M in pre-seed funding to transform human-AI communication with the world’s fastest text-to-speech technology, enabling real-time, human-like speech with just twenty-five milliseconds of latency.

As conversational AI rapidly becomes integral to digital communication, high latency has been a significant hurdle to fluid interaction. Neuphonic’s technology addresses this by enabling real-time, life-like speech with a mere twenty-five milliseconds of latency. This ultra-low latency revolutionises sectors such as gaming, AI-driven customer support, and digital avatars, where uninterrupted communication is crucial.

Neuphonic, an innovative London-based startup, has secured £3M in pre-seed funding to accelerate its mission of transforming human-AI communication with the world’s fastest text-to-speech solution. The funding round was led by Moonfire VC, with participation from Tiny VC, Salica Oryx Fund, and Cur8 Capital. This investment positions Neuphonic to lead the voice AI market, which is expected to reach $41.39B by 2030.

Voice AI’s new frontier: rapid text-to-speech with no barriers

Neuphonic’s innovation centres on a patent-pending algorithm that generates speech word-by-word as text arrives. This allows for fluid and responsive interaction, mirroring human conversation. “High latency in Voice AI prevents natural interaction and slows growth in key fields like gaming, conversational AI, digital avatars, and real-time translation,” said Sohaib Ahmad, Co-founder and CEO of Neuphonic. “We want to reach a point where AI feels like a natural extension of ourselves – intuitive and effortless.”

The company’s solution doesn’t just focus on speed. By allowing text-to-speech models to operate with any language model in a language-agnostic manner, Neuphonic is setting a new standard for the AI-driven future. As Co-founder and CTO Jiameng Gao explained: “By generating speech word-by-word as text arrives, we unlock a wide range of use cases for text-to-speech that wasn’t possible before.” This breakthrough is expected to push the boundaries of industries such as customer service, humanoid robotics, and content creation.

Quickest human-AI text-to-speech across industries

Neuphonic’s ultra-fast speech generation technology is designed to be adaptable across a range of sectors. As Akshat Goenka, Partner at Moonfire, noted: “Voice AI has been a sleeping giant, held back by technical limitations that Neuphonic is now solving. Their technology has the potential to unlock significant value across multiple industries.”

Beyond efficiency gains in customer service, Neuphonic’s innovation is anticipated to create new opportunities in fields like digital avatars, real-time translation, and content localisation. By reducing the gap between human and machine communication, it is poised to unlock entirely new business models and user experiences that were previously out of reach.

Unlocking the future of voice-driven AI interactions

With a growing list of businesses eager to integrate its solution, Neuphonic is on the path to redefining how we interact with AI. Professor Steve Young CBE, an advisor and investor, highlighted Neuphonic’s potential to replace screens in many daily applications: “By reducing latency to near-human levels, they are paving the way for seamless voice interaction that could replace screens in many aspects of our daily lives.”

The £3M funding will allow Neuphonic to expand its language capabilities, enhance the performance of its text-to-speech models, and develop solutions for on-device deployment. Headquartered in King’s Cross, London, the startup is ready to lead the voice AI revolution, positioning itself at the forefront of an industry that is transforming the future of communication.

The post World’s fastest text-to-speech tech: Neuphonic raises £3M to revolutionise voice AI appeared first on Tech Funding News.

Facebook
Twitter
LinkedIn

Share:

More Posts

Stay Ahead of the Curve

Get the latest business insights, expert advice, and exclusive content delivered straight to your inbox. Join a community of forward-thinking entrepreneurs who are shaping the future of business.

Related Posts

Scroll to Top