UG Labs Overview
UG Labs specializes in voice-based digital engagement technology designed for young children. The company has developed a novel AI engine with a focus on speech recognition. The first product built on top the UG Labs engine is an interactive toy called Yuugi.
Cumulative Funding Raised Over Time ($)
$7.0MMar 2024
$7.0MNov 2023
Latest News
growth-positive
UG Labs raises $7M to infuse conversational AI into games for kids
UG Labs, a Tel Aviv-based company, has raised $7 million in a funding round led by Amiti Venture and MoreVC, with participation from Mediatek and private angels. The company uses conversational AI and voice interactivity in games for children. The technology, embedded in UG’s game engine, allows open-ended conversations that dynamically affect gameplay. The company was founded in 2022 by CEO Ariel Leventhal and CTO Shachar Mendelowitz with the aim of injecting original, unscripted, and age-appropriate conversation and personality into games.
Investment
growth-positive
"מודלים של שפה לא מבינים ילדים": החברה שמפתחת מוח לצעצועים חכמים
UG Labs, an AI company, is developing a language model that can interact with children. The companys founders initially tried to make speech recognition engines understand children, but two weeks after they completed the development, ChatGPT was launched and disrupted the market. In response, they are training large language models to have quality and safe conversations with children, with the aim of integrating them into computer games and smart toys.
InvestmentExpand
| Sector | Education & Knowledge Technologies |
Funding
| Total funding | $7M |
| Last funding | $7M |
| Stage | Seed |
| Rounds | 2 |
| Investors | 2 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | www.uglabs.io |
Locations
Tel Aviv, Israel
Photos & Videos
No files yet
UG Labs Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Education & Knowledge TechnologiesTarget Customer
EducationPre-KindergartenCore Technology
—Tags (1)
natural-language-processingUG Labs Financials
$7M
Total funding
Undisclosed
Capital raised
$7M
Last funding
Seed
Funding stage
2
Total rounds
2
Investors
Cumulative Funding Raised Over Time ($)
$7.0MMar 2024
$7.0MNov 2023
Private Equity Funding
Undisclosed Round
Mar 2024
$7M
Amiti Ventures (Lead), MoreVC (Lead)
Seed
Nov 2023
Undisclosed
Amiti Ventures
UG Labs Lifecycle
Cumulative Funding Raised Over Time
$7.0MMar 2024
$7.0MNov 2023
All Events
Undisclosed Round
Mar 2024
$7M
Amiti Ventures (Lead), MoreVC (Lead)
Seed
Nov 2023
Undisclosed
Amiti Ventures
UG Labs News
2 articles
growth-positive
UG Labs raises $7M to infuse conversational AI into games for kids
UG Labs, a Tel Aviv-based company, has raised $7 million in a funding round led by Amiti Venture and MoreVC, with participation from Mediatek and private angels. The company uses conversational AI and voice interactivity in games for children. The technology, embedded in UG’s game engine, allows open-ended conversations that dynamically affect gameplay. The company was founded in 2022 by CEO Ariel Leventhal and CTO Shachar Mendelowitz with the aim of injecting original, unscripted, and age-appropriate conversation and personality into games.
Investment
growth-positive
"מודלים של שפה לא מבינים ילדים": החברה שמפתחת מוח לצעצועים חכמים
UG Labs, an AI company, is developing a language model that can interact with children. The companys founders initially tried to make speech recognition engines understand children, but two weeks after they completed the development, ChatGPT was launched and disrupted the market. In response, they are training large language models to have quality and safe conversations with children, with the aim of integrating them into computer games and smart toys.
InvestmentExpand
UG Labs Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 19 |
| Team members | 3 |
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UG Labs Internal
Recent Updates
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Admin Info
| Confidence | 80/100 |
| Missing | tags, video or image, markets, not claimed |
| BI Verification | Matan Eblagon |
| Crunchbase | ug-labs |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Matan Eblagon |
| Updater email | matane@sncentral.org |
| Last update | 2024-03-12T00:00:00.000Z |
| Created | 2022-02-15T00:00:00.000Z |