What is Pedius?
Pedius operates at the intersection of assistive technology and telecommunications, providing an innovative application that enables Deaf individuals to conduct phone calls independently. By bypassing the need for third-party intermediaries, the platform utilizes advanced synthetic voice conversion and real-time transcription to facilitate seamless, autonomous communication. Currently established as a key player in the Italian market, Pedius is uniquely positioned to scale its operations, addressing a critical gap in digital accessibility for users worldwide who require reliable, real-time speech-to-text and text-to-speech integration.
How much funding has Pedius raised?
Pedius has raised a total of $2M across 2 funding rounds:
Private Equity
$500K
Series A
$1.5M
Private Equity (2014): $500K with participation from Embed Capital and Sistema Investimenti
Series A (2017): $1.5M led by Invitalia Ventures, TIM Ventures, and Principia Sgr
Key Investors in Pedius
Invitalia Ventures
Invitalia is a national development agency that manages all national incentives that favor the creation of new businesses and finances large and small projects.
TIM Ventures
TIM Celular S.A. provides mobile telephony services, including internet access and messaging, serving as a strategic partner in the telecommunications sector.
Embed Capital
Embed Capital is a private investment vehicle focusing on startups and SMEs in the Seed and Scale-up phases, offering both financial and strategic consulting.
What's next for Pedius?
With the support of its latest strategic financing, Pedius is poised to transition from a regional leader to an international provider of inclusive communication tools. The company's roadmap likely involves aggressive geographic expansion and the integration of more sophisticated natural language processing capabilities to enhance user experience. By leveraging the expertise of its institutional backers, Pedius is well-equipped to navigate the complexities of global telecommunications markets, ensuring that its accessibility-first mandate remains at the core of its product development and market penetration strategies.
See full Pedius company page
