DeepL Secures $300M to Expand AI Translation Tools

DeepL, the AI language translation startup, has raised $300 million in a new funding round led by Index Ventures, bringing its valuation to $2 billion. This funding will support DeepL's efforts to expand its sales, marketing, and product offerings, including its latest tool, DeepL Write Pro. Despite strong competition from tech giants, DeepL continues to grow, now serving over 100,000 businesses globally.

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