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Value £5,300,000
Summary
Lucida AI has raised £5.3m in a seed funding round to accelerate its AI-powered language coaching platform.
Summary of transaction details:
- Value: £5.3m
- Sector: Edtech
- Advisor: Not disclosed
- Key Entities: Lucida AI, Velocity Capital
- Location: Not disclosed
Note: This funding round will enable Lucida AI to expand its language coaching platform and reach new markets, addressing a critical need for language coaching in the edtech sector.
Lead Investor / Acquirer
Velocity Capital
Advising Broker
Undisclosed Firm
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Original Source
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