Lucida AI, a speech-to-speech AI platform for global communication, has raised a £5.3 million seed round led by UK-based Velocity Capital. 

The round also included participation from European investors, including Next Tier Ventures and Look AI Ventures, alongside Turkey’s Bogazici Ventures, Yapı Kredi Frwrd Ventures and Ünlü & Co.

The round follows a $1.25m pre-seed investment led by Neo Asset Management, bringing the company’s total funding to $8.25m.

Lucida AI will use the new capital to expand into new languages and geographies, further develop its proprietary speech-to-speech AI infrastructure, scale its enterprise offering globally, and accelerate product development.