# Typecast

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/typecast

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: https://company.typecast.ai/ko/
- Total disclosed funding: $26M
- Latest round: Series B (Feb 23, 2022)
- Investors on record: 10

## About

Based in Seoul, South Korea, and founded in 2017, Neosapience, Inc., doing business as Typecast, is an innovative tech company specializing in AI-driven speech synthesis solutions that generate expressive and realistic speech for various applications, targeting sectors like entertainment, gaming, and virtual reality. Neosapience, Inc. develops advanced speech synthesis technology. The company was established by Juncheol Cho and has since completed 4 funding rounds. The latest funding round was a Series B, where they raised KRW 25.6 billion on February 23, 2022, led by BRV Capital Management, with participation from Albatross Investment, Company K Partners, Daekyo Investment, Quantum Ventures Korea, STIC Ventures, and Timeworks Investment .Neosapience specializes in advanced AI-driven speech synthesis technology, offering a foundation model with billions of parameters and over 100,000 hours of curated speech data. Their core product generates realistic and expressive speech for diverse applications, including entertainment, gaming, virtual reality, and customer service, catering to a wide range of clients such as content creators and businesses seeking enhanced user engagement.Neosapience generates revenue through a subscription-based model, providing clients access to their AI speech synthesis technology with a tiered pricing structure. This model accommodates both B2B partnerships and direct-to-consumer transactions, allowing users to select plans based on their specific voice and avatar generation needs. Transactions are designed for seamless integration into existing platforms, ensuring effective implementation of their technology.Following the Series B funding of KRW 25.6 billion in February 2022, Neosapience plans to hire talent focused on artificial intelligence research and software development, with an aim to expand globally. The investment will support their growth strategy, including the design and launch of new products aimed at enhancing their existing offerings and reaching new markets across North America, Europe, and Asia.

## Funding rounds

- Series B, Feb 23, 2022, $21M — Daekyo Investment, Company K Partners, Albatross Investment, BRV Capital Management, Quantum Ventures Korea, STIC Ventures, Timeworks Investment
- Series A, Feb 12, 2020, $4.2M — Hyundai Venture Investment, Daekyo Investment, Company K Partners, Albatross Investment, Woori Technology Investment
- Seed, Oct 1, 2018, $0.2M — Fast Investment

## Investors

- Fast Investment (https://capitalatlas.ai/funds/fast-investment) — Seed
- Hyundai Venture Investment (https://capitalatlas.ai/funds/hyundai-venture-investment) — Series A
- Daekyo Investment (https://capitalatlas.ai/funds/daekyo-investment) — Series A, Series B
- Company K Partners (https://capitalatlas.ai/funds/company-k-partners) — Series A, Series B
- Albatross Investment (https://capitalatlas.ai/funds/albatross-investment) — Series A, Series B
- Woori Technology Investment (https://capitalatlas.ai/funds/woori-technology-investment) — Series A
- BRV Capital Management (https://capitalatlas.ai/funds/brv-capital-management) — Series B
- Quantum Ventures Korea (https://capitalatlas.ai/funds/quantum-ventures-korea) — Series B
- STIC Ventures (https://capitalatlas.ai/funds/stic-ventures) — Series B
- Timeworks Investment (https://capitalatlas.ai/funds/timeworks-investment) — Series B