Lucida AI closes $7M seed round for speech-to-speech AI

Lucida AI closed a $7 million seed round led by Velocity Capital to expand its speech-to-speech coaching platform. The London-based startup, founded by Mustafa Girgin and M. Sait Demirci, has over 3 million users and 2.2 billion minutes of spoken interaction. It offers a mobile app and enterprise deployments with on-premises hosting and end-to-end encryption.