Since 2017, DeepL has changed the game of AI translation with its powerful neural network technology. This latest round of funding brings our company valuation to €1B—meaning we will accelerate our world-renowned research, develop new products, support the growth of our team, and further transform how people and organizations around the world communicate. “From the very beginning our goal has been to raise the standards of AI technology. Our new partners have invested in tech heavy-hitters such as Slack, Dropbox, Asana, and more—we're ready to join their growing list of successful ventures. This would not have been possible without our loyal customers and talented team members.