Lucida AI, a
speech-to-speech AI platform for global communication, has secured an
additional $1.6 million in funding, bringing its seed round to $7 million. The seed
round was led by UK-based Velocity Capital, with participation from Next Tier
Ventures, Look AI Ventures, Bogazici Ventures, Yapı Kredi Frwrd Ventures and
Ünlü & Co. The company had announced the initial $5.4 million close of its
seed round a few months ago.
As communication
increasingly spans multiple languages and cultures, spoken fluency and
confidence play a growing role in how effectively people interact. Founded by
Mustafa Girgin and M. Sait Demirci, Lucida AI develops speech-native AI
technology designed to help individuals and businesses improve spoken
communication through real-time, AI-powered conversations.
Powered by its
proprietary Speech Language Model (SLM), the platform enables users to speak
naturally with AI without relying on text prompts or scripted exercises. It
adapts conversations to each user’s proficiency level, providing instant
feedback on fluency, pronunciation and clarity while simulating real-world
situations ranging from everyday interactions to business meetings,
presentations and client calls.
Lucida AI is
available as a mobile application for individual users and also offers
enterprise deployments with on-premises hosting and end-to-end encryption.
Since launching 15
months ago, the company says it has grown to more than 3 million users and
generated over 2.2 billion minutes of spoken interaction across Europe, the
United States and emerging markets.
AI is
becoming a global race, and meaningful innovation is no longer tied to a single
geography. With this round, we’ve partnered with investors who share our
long-term vision. Our focus is clear: building a scalable, speech-native AI
platform that powers global communication,
said Mustafa
Girgin and M. Sait Demirci, co-founders of Lucida AI.
The funding will
support Lucida AI’s expansion into new languages and markets, further
development of its proprietary speech-to-speech AI infrastructure, growth of
its enterprise offering and continued product development.