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Fano Labs fuels APAC expansion with Series B funding led by Openspace Ventures

May 02, 2024•over 1 year ago

Round Type

series b

Hong KongNatural Language ProcessingMachine LearningArtificial Intelligence

Investors

Greater Good InvestmentHsbcOpenspace Ventures

Description

Fano Labs announced the successful closure of its Series B round led by Openspace Ventures, with participation from HSBC, Greater Good Investment, the family office of Mr. and Mrs. Kenneth Lo, and existing shareholders. The funding will be used to establish an office in Singapore, expand further into international markets, and develop the product with a focus on adding more APAC languages and launching its suite of Large Language Model (LLM) products.

Company Information

Company

Fano Labs

Location

Hong Kong, Hong Kong SAR, China

About

Fano Labs is an AI company specializing in speech and natural language processing technologies to help enterprises with their customer services, compliance, and other lines of businesses. We are particularly focusing on mixed languages in Hong Kong, Southeast Asia, and the Middle East. As of today, we have supported some of the most accurate speech recognition engines for Cantonese, Mandarin, English (Indian), English (Singapore), English (Philippines), Thai, Arabic, Indonesian Bahasa, Malaysian Bahasa, Taiwanese, and Vietnamese. Fano Labs is a spin-off from the University of Hong Kong and backed by the Hong Kong Science & Technology Park, Horizons Ventures, Gobi Partners, and Openspace Ventures

Company News

(10 articles)

Thu, 02 May 2024 07:00:00 GMT

Language AI company Fano Labs fuels APAC expansion with its Series B funding round led by Openspace Ventures with participation from HSBC and Greater Good Investment - PR Newswire

Tue, 11 Oct 2022 07:00:00 GMT

Fano Labs Raises Funding from AEF GBA Fund - Hong Kong Science & Technology Parks Corporation

Fri, 15 Jul 2016 07:00:00 GMT

Robert Fano, computing pioneer and founder of CSAIL, dies at 98 - MIT News

Sun, 10 Sep 2023 07:00:00 GMT

Full‐Control and Switching of Optical Fano Resonance by Continuum State Engineering - Wiley Online Library

Wed, 13 Dec 2017 08:00:00 GMT

Hong Kong magnate Li Ka-shing is betting on this AI start-up - South China Morning Post

Tue, 26 Jul 2016 07:00:00 GMT

Robert Fano, 98, Dies; Engineer Who Helped Develop Interactive Computers (Published 2016) - The New York Times

Fri, 01 Mar 2024 08:00:00 GMT

Hong Kong must ‘co-create’ talent pipeline as AI gathers steam: CUHK president - South China Morning Post

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