Israeli AI dubbing technology startup for feature films, television series, and video games, Deepdub, has raised $20 million in Series A funding.
The round was led by New York-based global venture capital and private equity firm Insight Partners, with participation from existing investors Booster Ventures and Stardom Ventures, as well as new investor Swift VC. Emiliano Calemzuk, former President of Fox Television Studios, Kevin Reilly, former Chief Commercial Officer of HBO Max, Danny Grander, co-founder of Snyk, Roi Tiger, VP of Engineering at Meta, Gideon Marks, and Daniel Chadash are among the angel investors participating in this round.
Two brothers Ofir and Nir Krakowski co-founded the company in 2019. Ofir, the CEO, was a member of the Israel Air Force’s Ofek 324 technological unit, and Nir was one of the Shin Bet’s cyber unit’s founders.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at email@example.com.
Deepdub is capitalizing on the growing demand in the entertainment market for localized content. The AI dubbing technology uses just a few minutes of each actor’s voice to make the dubbed version in the forging languish sound more like the original one. Producers, owners, and distributors to expand their international reach and scale their offers while retaining the best quality.
Consumers can now see their favorite films and television shows dubbed in their local languages without missing any of the original experience. The Netflix film “Every Time I Die” was dubbed by Deepdub, who recently announced a multi-series deal with Topic.com to translate their inventory of foreign television shows into English.
“This funding enables us to scale the team and enter new areas with a common aim of providing the wonder of AI-based localization to listeners worldwide,” stated Ofir Krakowski, Deepdub’s Co-Founder and CEO.
“This funding round is an acknowledgement of the revolutionary technology that we have built, taking generative AI to an industry where every pixel and every sound wave is rigorously examined. By creating a deep learning technology that can generate without fail, we have consistently left our clients in awe,” stated Nir Krakowski, Co-Founder and CTO of Deepdub. “The challenge now is to continue optimizing and scaling a process that spans exabytes of video, audio, language and text. Our dubbing technology supports our vision to revolutionize world-wide content consumption on a massive scale. When you realize the impact this would have on billions of people you understand the challenge and the opportunity we represent.”
“We are accelerating to a world where AI is now augmenting humanity’s creative potential,” said George Mathew, Managing Partner at Insight Partners, who will be joining Deepdub’s Board of Directors. “As the media industry continues to globalize, we see Deepdub’s AI/NLP-based dubbing technology as essential in scaling great content to audiences everywhere. We believe Deepdub represents the next great leap forward in global content distribution, engagement and consumption.”