On April 14, 2021
If your company has AI as a cornerstone, investors will probably love you. Among such companies in recent funding news are Israel-based language service provider (LSP) BLEND, platform and API integration on a SaaS model; Berlin-based LSP Lengoo, an AI agency; and New York-based tech startup OthersideAI, an email productivity tool built on the world’s largest language model, GPT-3.
Now comes a Korean startup that has homed in on machine translation (MT) for the ever-growing legal & IP space (e.g., patent filings actually reached record numbers during Covid).
Bering Lab secured funding in a round led by an accelerator of Korean search giant Naver and participated in by Seoul National University’s Seoul Techno Holdings, according to an April 6, 2021 Tech in Asia article.