Translation startup lands $20M Series B

Inkef Capital has led a $20 million investment in AI-backed translation startup Lengoo. The Series B values the company at an estimated $103 million, and the funds will be used for its global expansion and product development. Lengoo raised a €6 million Series A in 2019.

Correction: The date of Lengoo's Series A has been corrected. It was raised in 2019, not 2016.

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