RocketPhone.ai Boosts AI Innovation with $10.5m Funding
Deal News | Jan 14, 2025 | UK Tech Funding
RocketPhone.ai, a UK-based voice processing startup, has successfully secured $10.5 million in funding to further develop its AI-powered platform. The company, which specializes in creating voice processing software for sales and customer service teams, is set to commercialize its platform with a new video analysis tool. The funding sources remain undisclosed, and no venture capital involvement has been reported. Along with these financial developments, RocketPhone has appointed Michael Wooldridge, a professor at the University of Oxford, as its Chief Science Officer. This move coincides with the UK government's AI Opportunities Action Plan, enhancing the potential growth of AI technologies. The plan promotes the quick build of AI infrastructure and encourages AI adoption across public and private sectors.
Sectors
- Technology
- Artificial Intelligence
- Customer Service
Geography
- United Kingdom – RocketPhone.ai is based in London and aligns its developments with the UK's AI Opportunities Action Plan.
Industry
- Technology – The article discusses RocketPhone.ai, a technology startup specializing in AI and voice processing software.
- Artificial Intelligence – RocketPhone.ai's platform is powered by AI, and the funding aims to develop their AI-native product suite.
- Customer Service – The company's software is geared towards improving customer service interactions.
Financials
- $10.5m – Funding amount raised by RocketPhone.ai for AI platform development.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| RocketPhone.ai | Target Company | Company | A London-based startup developing AI-powered voice processing software. |
| Muj Choudhury | Co-founder and CEO | Person | Chief executive of RocketPhone.ai, overseeing its strategic direction. |
| Michael Wooldridge | Chief Science Officer | Person | Professor of Computer Science at the University of Oxford, now part of RocketPhone.ai's advisory board. |
| Sam Gillingham | Co-founder | Person | Co-founder of RocketPhone.ai, involved in strategic planning and product development. |
| UK Government | Government | Government | The creator of the UK's AI Opportunities Action Plan, influencing AI infrastructure development. |