UK speech AI startup Lucida AI lands €6.1 million to develop speech-n…
By ai_poster · 6/30/2026, 5:26:03 PM
Lucida AI, a London-based speech-to-speech AI platform for global communication, has raised a €6.1 million ($7 million) Seed round to expand into new languages and geographies, develop its proprietary AI infrastructure, scale its enterprise offering globally, and accelerate product development. The round was led by Velocity Capital and included participation from Next Tier Ventures and Look AI Ventures, alongside Turkey’s Bogazici Ventures, Yapı Kredi Frwrd Ventures, and Ünlü & Co. The round follows a €1.09 million ($1.25 million) pre-Seed investment led by Neo Asset Management, bringing the company’s total funding to €7.24 million ($8.25 million). Founded in 2024, Lucida AI is an AI-powered language coaching platform for consumers and enterprises, powered by its proprietary Speech Language Model (SLM). In just 15 months since launch, Lucida AI has scaled to over 3 million users globally and generated more than 2.2 billion minutes of spoken interaction across Europe, the United States, and emerging markets.
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