Creoir Oy Secures Seed Funding to Accelerate International Growth
Press release from Creoir
Oulu, Finland – January 24, 2023 – Creoir Oy, a leading provider of embedded speech technologies, announced today that it has closed a seed funding round joined by Butterfly Ventures, with later participation from other investors.
The funding will be used to accelerate the company’s international growth and to focus on sales and marketing efforts.
Creoir specializes in Voice User Interface (VUI) on-the-edge and its Offline Voice Solution (OVS) SDK enables fast and flexible embedded speech recognition and voice feedback for a wide range of segments including home appliances, industrial applications, medical devices, digital kiosks, self-service solutions, robots, mobile applications, and more. The solution supports 40 languages for speech recognition and 65 languages for voice feedback. In addition, the end-to-end solution guarantees the operation also in challenging noise environments.
“We are thrilled to have the support of Butterfly Ventures in our journey to bring our innovative and robust speech technologies to a global market,” said Antti Lilja, CEO and Co-Founder of Creoir. “This funding will enable us to speed up our go-to-market and to provide our customers with even more value.”
Ville Heikkinen, partner at Butterfly Ventures, added, “We are impressed by Creoir’s innovative technology and the team’s dedication to bringing Voice UI on-the-edge. We believe that the Creoir OVS SDK will have a significant impact on various industries, and we are excited to support the company in its growth journey.”
About Creoir
Creoir Oy is a Finnish technology company that specializes in embedded speech technologies. Creoir is committed to developing advanced speech technologies that improve the way people interact with machines and applications. Creoir has successfully delivered speech technology solutions for customers in differerent segments, such as building automation, enterprise applications, medical devices, home appliances, AR/VR smart glasses, industrial automation, and self-service solutions.
About Butterfly Ventures
Butterfly Ventures is the leading seed stage VC in the Nordics. Butterfly Ventures is investing in the seed stage start-ups with a focus on software and hardware innovation. The firm’s portfolio includes companies in deep tech, HW and HW interfacing SW.
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Originally published on 24 January.
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