Published: July 1, 2026 at 4:20 pm
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.