Moonshine AI, a startup developing voice AI solutions that run directly on devices, has secured investments from venture capital firm Wing VC and IQT, a strategic investor for the U.S. national security community.
Moonshine AI’s technology processes voice commands locally on the user’s device, eliminating the need to send data to the cloud. This approach addresses concerns about data privacy and security while also dramatically reducing latency for a more seamless user experience.
How the funding will be used:
This funding will accelerate the company’s mission to create a new generation of voice AI that prioritizes privacy, reduces latency, and operates without a constant internet connection.
The new funding round will also be used to accelerate R&D, recruit top engineering and AI talent, and explore strategic partnerships for market expansion. The company aims to bring its technology to a broader audience by leveraging its proprietary on-device voice AI algorithms.
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
