Cologne-based AI translation startup DeepL, which develops its own models, raised $300M led by Index Ventures at a $2B valuation and reports 100K+ customers (Isabelle Bousquette/Wall Street Journal)

Isabelle Bousquette / Wall Street Journal:
Cologne-based AI translation startup DeepL, which develops its own models, raised $300M led by Index Ventures at a $2B valuation and reports 100K+ customers  —  The round, led by Index Ventures, reflects businesses' increasing interest in function-specific AI models