Santa Clara, California - SoundHound, a leader in the development of conversational intelligence solutions, announced today that it has raised $100 million in funding from a group of leading global investors. Tencent Holdings Limited, Daimler AG, Hyundai Motor Company, Midea Group, and Orange S.A. have invested in SoundHound to support the development of its proprietary Speech-to-Meaning® and Deep Meaning Understanding® technologies.

The new funding will enable SoundHound to accelerate its growth and innovation in the conversational AI space. The company's mission is to create custom voice assistants that make it easier for people to engage with the world, by allowing them to interact naturally with the products around them through voice. With SoundHound's advanced voice AI platform, businesses across industries can deliver best-in-class conversational experiences to their customers.

"Voice is the natural interface for humans, and we believe every brand should have a voice that is as unique as its brand identity," said Keyvan Mohajer, Founder and CEO of SoundHound. "This new investment will help us continue to innovate and lead in the conversational AI space, and we're excited to work with our new partners to build more human-like conversational intelligence."