The Automotive Fund’s investment in the voice technology startup is its first outside of Japan. Kardome will use the capital to expand its business there.

Tel Aviv, Israel March 08, 2023 –(PR.com)–Automotive Fund Co.,Ltd. based in Tokyo, Japan, announced that it has invested US$1 million in Israeli language technology startup Kardome.

Kardome is a language technology startup headquartered in Israel. Its spatial listening software greatly improves existing speech recognition systems. The software can distinguish who is speaking in crowded, noisy environments and outperforms standard voice user interface algorithms.

Automotive Fund, a subsidiary of automotive information platform MarkLines, is Japan’s first dedicated to the automotive industry. The investment in Kardome is also the first outside of Japan.

The venture capital fund expects that the need for accurate speech recognition in noisy environments will increase with the increasing use of robo-taxis and self-driving cars. Automotive Fund recognizes that Kardome’s technology will be necessary for the advancement of voice user interfaces and has invested in the voice tech startup.

You can find out more about cardoma under Kardome.com.

Spatial Hearing Technology video: https://vimeo.com/795532724.

About Automotive Fund Co.,Ltd

Automotive Fund Co.,Ltd. is a subsidiary of Japan-based MarkLines, an automotive information platform for all vehicle manufacturers, suppliers and companies in the automotive industry.

Contact information:

cardoma

Laura Tate

+1 323-205-6436

Contact by email

Kardome.com

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