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Lengoo: Raises USD 20M in Series B Funding

By Steve Sam
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Lengoo: Raises USD 20M in Series B Funding

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.
  • Lengoo, a Berlin, Germany-based language tech company, raised USD 20M in Series B funding
  • The round led by Inkef Capital with existing investors Redalpine, Creathor Ventures, and Techstars also participating alongside angel investors Matthias Hilpert and Michael Schmitt
  • New investors also include Polipo Ventures and Volker Pyrtek (former CPO of Deutsche Telekom)
  • Led by CEO Christopher Kränzler, Lengoo pioneers AI-augmented translation for the enterprise
  • The company able to onboard 50+ enterprise customers in Europe and the US including National Instruments, Sunrise Communications, Sixt, and the WWF
  • The company serves global enterprises like NI (National Instruments), Sixt, Sunrise Communications, KIOXIA, or Michelin
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