Podcastle, a Yerevan, Armenia-based company developing podcast creation tools for amateur and professional podcasters and a streaming platform for listeners, raised $1.75m in seed funding.
The round, which brings the total amount raised to $2m, was led by Sierra Ventures, with participation from Andrew Ng’s AI Fund and Correlation VC.
Led by Founder Artavazd Yeritsyan, a former VP of Engineering at PicsArt, Podcastle is a text-to-speech converter that uses artificial intelligence (AI) to convert news into podcasts in seconds. The podcasts generated are very human-like and consider all the emotions and the writer’s tone of voice. In addition to listening technology, the company is also working on developing an accessible tool for audio content creation.