Luzia, an emerging AI personal assistant for Spanish and Portuguese speakers, secured €18 million in funding to accelerate its global expansion and product innovation.
Target Information
Luzia, a leading artificial intelligence personal assistant catering to Spanish and Portuguese speakers, has recently secured an impressive investment of €18 million. This funding round comes a mere six months after its previous fundraising efforts, underscoring the rapid growth of the company since its launch just over a year ago. Luzia has significantly expanded its user base from 17 million to 40 million globally in just six months, establishing a strong foothold in key markets such as Brazil, Mexico, Colombia, Argentina, and Spain.
With this new capital, Luzia aims to attract strategic talent and develop innovative product features to solidify its standing as the top AI application in Latin America. The company plans to expand its workforce to over 50 employees by the end of the year and to establish a new office in Barcelona, complementing its existing locations in Madrid and Alicante.
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Industry Overview
The artificial intelligence (AI) sector is gaining significant traction, particularly in Latin America where digital transformation is accelerating. As businesses increasingly rely on technology to enhance efficiency and customer inte
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Disclosed details
Transaction Size: $19M