Moonshine AI, a startup developing local voice AI solutions, secured investments from Wing VC and IQT. The funding will enable the company to advance its on-device voice AI technology, focusing on privacy, low latency, and convenience.
Moonshine AI’s approach processes voice commands directly on devices, reducing reliance on cloud data exchange, enhancing privacy and security, and lowering latency for a more seamless experience. The technology also works offline, increasing accessibility.
The company will utilize the funds to enhance its algorithms, expand its offerings, recruit top talent, and pursue strategic partnerships to reach a broader audience of users.
KEY QUOTES:
“We are incredibly excited to partner with Wing VC and IQT, whose strategic investments validate our vision for a more private, responsive, and convenient voice AI. This funding will enable us to expand our research and development efforts, grow our talented team, and bring our cutting-edge technology to market faster. We believe that on-device voice AI is the future, and we are committed to leading that charge.”
Pete Warden, CEO of Moonshine AI
“Voice is a key interface for AI. Moonshine AI’s commitment to privacy and performance aligns perfectly with the evolving needs of consumers and enterprises alike.”
Jake Flomenberg, Partner at Wing VC
“The ability to have secure, low-latency voice AI operating on-device brings significant value across various sectors.”
Gareth Keane, Partner at IQT
