Aflorithmic Labs raises £1m in seed funding from Crowd Media Holdings to advance audio AI technology.
Crowd Media Holdings backed the audio startup in a seed round destined for research and development and hiring.
Aflorithmic Labs provides an audio-as-a-service platform that automates production using synthetic media and voice cloning. The company enables users to generate podcast-quality audio from text input for various digital platforms.
Aflorithmic Labs has secured £1m in a seed round from Crowd Media Holdings. The capital will support research and development for the company audio production engine, voice cloning capabilities, and talent acquisition.
The London and Barcelona based startup provides an audio-as-a-service platform that uses synthetic media to automate production. Following the investment, Aflorithmic technology will be integrated into Crowd Media social commerce applications, including talking head chatbot tools.
The funding arrives amid growing demand for automated audio solutions driven by increased consumption of podcasts and audiobooks. Crowd Media views the partnership as a key commercial innovation for consumer engagement in ecommerce.
From the founder
"We are excited to learn from Crowd’s experience in empowering companies to reach mass markets, and are pleased to accompany them as they define the future of social commerce,"
Timo Kunz
Co-Founder and CEO at Aflorithmic Labs
Investor perspective
"I believe we can translate the most recent advances in AI research into commercial innovations that will completely reshape the way consumers engage in eCommerce."
Steven Schapera
Chairman, Crowd Media Holdings
Use of funds
- 01Fund research and development
- 02Grow the team
Investors
Categories
About the company
Aflorithmic Labs
Aflorithmic Labs offers an automated audio production platform powered by voice cloning technology.