TLDR:
- Altavo, a German AI-based voice rehabilitation company, raised €5M in Series A funding.
- The funding will be used for growth, product development, clinical trials, and international expansion.
Altavo, a Dresden and Jena, Germany-based AI-based voice rehabilitation company, recently closed a €5M Series A funding round led by Occident and with participation from several other firms. The company, led by CEO Rudolf von Bünau, is focused on advancing Artificial Voice, a medical device designed to help voiceless individuals regain their natural voice. This innovative technology has been developed in collaboration with Technical University Dresden and is based on non-invasive radar sensing and neural net architectures. The funding will be used to accelerate growth, product development, conduct pivotal clinical trials, and expand internationally. This investment marks an important milestone in the development and advancement of Altavo’s groundbreaking technology and its mission to assist individuals in regaining their voice.