Kuang-Chi seeks investments in technologically disruptive early to mid-stage Israeli and global companies in robotics, machine vision, aviation, and related technology sectors
Beyond Verbal team
Beyond Verbal, Israel-based company focusing in voice-driven emotions analytics, has raised US$3 million as part of a Series A round, led by KuangChi Science Limited, a member of the Kuang-Chi group.
The investment follows the May 2016 launch of Kuang-Chi’s US$300 million Global Community of Innovation (GCI) fund, allotted for investments in “future life” technologies.
Beyond Verbal’s technology enables the understanding of emotions, well-being, and health conditions through the human voice.
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The company’s emotions analytics technology has numerous applications – from improving call centre effectiveness, to quantifying emotions for market research purpose, and all the way to tracking health conditions over time – and is grounded in more than two decades of research by Chief Science Officer, Dr. Yoram Levanon.
Beyond Verbal’s innovative and highly advanced technology with limitless potential is what attracted Kuang-Chi to invest in the company, according to Dr. Ruopeng Liu, Chairman of Kuang-Chi.
“This new partnership is bound to result in the development of new and exciting technologies with benefits in a variety of fields from healthcare to artificial intelligence,” he said in a press statement.
Kuang-Chi seeks investments in technologically disruptive early to mid-stage Israeli and global companies in robotics, machine vision, aviation, and related technology sectors. Portfolio companies receive the full support of Kuang-Chi’s corporate resources, from sales and marketing to joint tech development.
In addition to Kuang-Chi, technology funds Winnovation and Singulariteam participated in the round, which will be used to finance continued R&D in the health and wellness space, as well as the commercialisation of Beyond Verbal’s technology in the emotions space.
To date, Beyond Verbal has collected more than 2.5 million emotion-tagged voices in more than 40 languages, and secured its technology with multiple granted patents.
This funding will be used in order to finance continued R&D in the health and wellness space, as well as the commercialisation of Beyond Verbal’s technology in the emotions space.
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“Beyond Verbal has long sought a partner in China, and we found precisely what we were looking for in Kuang-Chi, a company whose leadership is determined to change the world. Many thanks to our Board for supporting this partnership and to Dr. Liu for his confidence in our team. This funding will enable us to enhance our world leadership position, and continue our efforts into researching the connection between vocal intonation and health issues,” said Yuval Mor, CEO of Beyond Verbal.
Founded in 2012, the award-winning Beyond Verbal has ongoing studies and collaborations with the Mayo Clinic, the University of Chicago, Scripps, Hadassah Medical Center, and more.
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Image Credit: Beyond Verbal
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