HK-based AI startup Fano Labs raises Pre-Series A from Li Ka-shing to analyse Chinese dialects
Tuesday, November 21, 2017
(e27 by Yon Heong Tung) – Hong Kong-based AI startup Fano Labs has raised an undisclosed Pre-Series A round led by Horizon Ventures, the private investment arm of Li Ka-shing.
The company, which is backed by Hong Kong-based AI accelerator Zeroth.ai, develops speech recognition and natural language processing (NLP) technologies that focus on Chinese dialects processing and analysis.
With the newly-raised financing, Fano Labs will accelerate its expansion into Chinese call centre industry. According to an official press release, all calls at these call centres are recorded but only a small percentage are analysed. Also, many of these calls are in Chinese dialects, which increases the complexity of analysis.
