GED Ventures has invested in Unbabel, a Lisbon-based AI startup specializing in translation services, reinforcing its commitment to supporting technology with international growth potential.

Target Information

Founded in 2013 by Vasco Pedro, Unbabel is a Lisbon-based startup specializing in artificial intelligence (AI) that focuses on translation and linguistic localization services. The company employs a unique blend of AI technology and human translators to deliver superior translation quality and adaptability. By harnessing the efficiency of machine translation powered by AI alongside human expertise, Unbabel provides businesses with a scalable, high-quality translation service tailored for diverse use cases, enabling them to communicate effectively with global audiences.

Industry Overview in Portugal

The AI and translation industry in Portugal has seen significant growth over the past few years, driven by advancements in technology and increasing demand for multilingual services. Major international firms are increasingly seeking localization solutions to better engage with diverse customer bases, creating a substantial market for companies like Unbabel. As globalization continues to expand, the need for seamless communication across languages has become paramount.

Portugal's tech ecosystem is vibrant, with numerous startups emerging in the AI sector. The government has also been supportive by providing funding and resources for research and development, fostering innovatio