Investment Funding as a Statement of Belief

Speechmatics has finalized its Series B funding to the tune of $62 million, which will enable global expansion and improve infrastructure, as well as add firepower to research and development. The funding was led by Susquehanna Growth Equity, with participation from existing investors AlbionVC and IQ Capital, demonstrating faith in the organization's ability to deliver on promises. This investment will support Speechmatics' continued growth and innovation, particularly in its speech recognition engine, which has already achieved significant milestones, including a Queen's Award for Enterprise Innovation.