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The history of machine translation companies begins in the defence and intelligence sector.
Other players, from technology giants to translation agencies to the European Union, increasingly build their own machine translation.
Since the advent of statistical machine translation and neural machine translation, there are growth companies backed by venture capital.
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Raised pre-seed from Blue Ridge Foundation and $4M from General Catalyst, AIX Ventures, Fellows Fund, Hyphen Capital, First Check Ventures and angels
Funded by NAVER D2 Startup Factory and others
Raised $50K from angel investors
Funded by FuturePlay
Incubated by the Institute of Automation at the Chinese Academy of Sciences
Raised $5.5M from Gutbrain, PBJ, Omega and angels
Acquired by Zoom in 2021
Raised $4M from Berkeley Skydeck and angels
Raised $37.5M from Sequoia, Redpoint, XSeed, Zetta and In-Q-Tel
Raised from Slow Ventures and dissolved
Raised $26.6M from INKEF, Redalpine, Polipo, Techstars, Creathor, Piton and angels
Raised $91.2M from Caixa, Samsung, Scale, Notion, Faber, Greycroft, Structure, M12 and Headline
Acquired by SDL/RWS for $20M in 2020
Raised $7.1M in crowdfunding
Raised ¥33M from Shenyang Dehong Chuangzhan, Cretrend Capital, and others
Raised €2.7M from private investors
Acquired by Keywords Studios for €7M in 2019
Raised from Benchmark and btov Partners
Acquired by Amazon to create Amazon Translate in 2015
Acquired for its WordLens app by Google Translate in 2014
Raised $1.1M from Advanced Media, So-net, and others
Raised CHF30K from Venture Kick
Acquired by TransPerfect in 2018
Acquired by Translated in 2022
Acquired by SDL/RWS for $42.5M in 2010
Granted €98.8K by the European Union
Raised from Svarog Capital Advisors in 2008
Raised from SOS International
Owned by STIC and Softbank