Tech Company Financing Transactions
DeepL Funding Round
Index Ventures, Atomico and ICONIQ Capital participated in a $300 million funding round for DeepL. This venture round was announced by the company on 5/23/2024.
Transaction Overview
Company Name
Announced On
5/23/2024
Transaction Type
Venture Equity
Amount
$300,000,000
Round
Undisclosed
Investors
Index Ventures (Lead Investor) (Danny Rimer)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Maarweg 165
Cologne, 50825
DE
Cologne, 50825
DE
Phone
Undisclosed
Website
Email Address
Overview
Developer of a translation platform designed to offer artificial intelligence systems for different languages and communication. The company's platform uses artificial intelligence to combine an editorial dictionary and a search engine with which one can search bilingual texts for words and expressions, enabling users to learn, write sentences, and record pronunciations in a foreign language in order to communicate with the world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jaroslaw Kutylowski
Chief Financial Officer
Markus Harder
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