AI translation unicorn DeepL reaches $2B valuation with new $300M investment
Briefly

The investment follows a period of significant growth for DeepL. Within the last 12 months, the startup has opened its first office in the US and added Arabic, Norwegian, and Korean to its language portfolio. It has also launched new products for businesses, such as the DeepL Write Pro AI assistant.
DeepL claims to offer the world's best machine AI translation, enabling more nuanced and accurate results compared to its competitors. Some tests of our own here at TNW did indeed see the startup come out on top. The company's success lies in the architecture of its neural network, its training data, and input from human editors.
According to Kutylowski, DeepL's edge is also the result of hard work, a great team, and focus. 'Focus is always an important thing,' he told TNW during a December interview.
Read at TNW | Deep-Tech
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