Neosapience

About Neosapience

Neosapience is a South Korean artificial intelligence startup established in 2017 by Taesu Kim, a former technical leader at Qualcomm and LG Electronics with two decades of experience in machine learning. The company was founded by Kim and other former Qualcomm engineers and KAIST graduates with the objective of developing AI-powered virtual actors accessible to everyone.

The company's core product is Typecast, a web-based platform that generates synthetic media using AI. Launched in November 2019, Typecast allows content creators to produce audio and video content without the need to hire human actors. The platform utilizes text-to-speech (TTS) technology to convert text scripts into realistic and emotional voices. Its proprietary Speech Synthesis Foundation Model (SSFM) is trained to capture nuances like intonation, pauses, and emotional expression, resulting in natural-sounding speech. The service offers a library of over 170 virtual voice actors in multiple languages, including English and Korean. In a significant advancement, Typecast introduced the first commercially available AI voices capable of singing and rapping.

Beyond audio, Typecast provides AI-powered video avatars. These virtual actors sync the synthetic voice technology with corresponding facial expressions and appearances to create realistic digital human representations. The platform is designed for a diverse client base, ranging from individual YouTubers and podcasters to professional production directors at major broadcasters and e-commerce platforms. Its business model is primarily subscription-based, offering various pricing plans, including a free tier with basic features and premium plans for businesses and enterprise clients. Neosapience also offers an API for integration and voice cloning services.

Financially, Neosapience has shown significant growth, with revenue increasing by an average of 18% per month in its first two years. The company secured $21.5 million in a Series B funding round in February 2022, led by BRV Capital Management, with participation from investors like Stic Ventures and Company K Partners. This capital is aimed at further product development and expansion into the U.S. market.