Turkey's AI translation startup, Ollang closes $1.5 Million in seed funding to grow its platform 

Turkish AI translation and dubbing startup, Ollang has closed a seed funding round worth USD 1.5 million from investors including Revo Capital, JIMCO and  Dubai Angel Investors.

Other investors who participated in the round are Koray Bahar from Joint Venture, Ahu Serter from Arya Melek Angel Investment and Orkun Iştmak.

Ollang will use the fresh investment to expand to other regions and develop its management system.

Speaking on the investment journey, founder and CEO of Ollang,  Ebru Yildirim said, “Referrals and investor newsletters were effective. We got rejected several times, but we know that is part of the game.”

Ollang uses artificial intelligence to create closed captions, subtitles and dubbing services in more than 60 languages. The platform liaises with streaming platforms such as Netflix and YouTube, TV broadcasters, e-learning platforms as well as social media content creators.

In addition to its offering, Ollang provides Olabs technology to customers and its translators.

According to Yildirim, there is “huge potential” for growth in Asia and Europe in the coming years, especially in the TV and film industry, and with creators and e-learning platforms.

“For 2023, we aim to make sure people understand the opportunities brought by globalization. We are creating a language-free world for people, Yildrim further stated”.

In December 2022, the startup entered the Indian Market with its offering. In October of the same year, Ollang emerged winner of London Business School’s (LBS) MENA, surpassing over 70 startups in the competition.

The startup’s customer base and employees are mostly based in the US and Turkey.

This new investment brings the total funds secured by Ollang to $1.62m.