‘Canva of audio’ AI startup backed by Steven Bartlett in £2.4m spherical
Wondercraft, a London-based startup aiming to construct the “Canva of audio” has raised $3m (£2.36m) in a spherical that includes Y Combinator and entrepreneur Steven Bartlett.
Launched in 2023 by engineers from US information agency Palantir, Wondercraft is an audio enhancing platform for podcasts, audiobooks and different audio content material creation.
Wondercraft contains AI assistants for music and audio technology in addition to translation and dubbing instruments.
Co-founder Dimitris Nikolaou mentioned the corporate was seeking to do for audio what Canva has achieved for graphic design.
“Canva made everybody a designer – we wish to empower everybody to be an audio creator,” Nikolaou mentioned.
“Audio is an integral a part of individuals’s media habits right now, but many gifted storytellers are held again by restricted instruments, manufacturing sources and translation providers.”
The startup launched its beta in 2023 and has amassed greater than 30,000 customers, together with the crew behind the favored podcast Diary of a CEO, hosted by Wondercraft backer Bartlett.
The funding spherical was led by Will Ventures and featured additional participation from ElevenLabs, a British AI startup that final week was valued at greater than $1bn following a £63m funding spherical.
“The unimaginable breakthrough in human-like artificial voices, pioneered by our companions at ElevenLabs, was the catalyst for us to pursue our imaginative and prescient of a inventive platform devoted to audio,” added Nikolaou.
Bartlett added: “Wondercraft has given us instruments which have enabled us to succeed in new international audiences in new languages. I imagine their product is the way forward for audio manufacturing for creators and publishers so I couldn’t be extra excited to be on board.”
The submit ‘Canva of audio’ AI startup backed by Steven Bartlett in £2.4m spherical appeared first on UKTN | UK tech information.
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January 29, 2024 at 10:02AM
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