“The speech recognition technology is mature, has reached mass adoption. (…) a startup that brings the rest of the European languages to the level of English in terms of accuracy addresses an acute need. In the future, many other startups and corporations will be using Vatis Tech algorithms to integrate them in their own products and services,” Dan Calugareanu, EGV partner, said.
Vatis Tech will use the EUR200,000 to develop recognition algorithms for European languages, such as French, Italian, German, Dutch and Polish, and to sell its technology. The plans of its officials also include development abroad.
(English version by Loredana Fratila-Cristescu)