23 May 2024

DeepL, a pioneering language AI company, announced $300 million of investment at a $2 billion valuation. Led by Index Ventures, the heavily oversubscribed round attracted strong support from new investors, who will bring their extensive expertise, connections, and resources to support DeepL's growth and long-term vision to transform the way companies communicate around the world.

Additional late-stage investors, including ICONIQ Growth, Teachers' Venture Growth, and others, also participated, along with existing investors IVP, Atomico, and WiL.