Fano Labs - About the company
Fano Labs is a series B company based in Hong Kong (China), founded in 2015 by Miles Wen and Victor Ok Li. It operates as a Provider of AI based speech recognition solutions. Fano Labs has raised an undisclosed amount in funding from investors like Horizons Ventures, Aeternam Stella Financial Holdings and Gobi Partners. The company has 93 active competitors, including 20 funded and 10 that have exited. Its top competitors include companies like Rime, Skelter Labs and Vivoka.
Company Details
Provider of AI based speech recognition solutions. It recognizes minority languages and dialects, with use cases in voice-enabled chatbots, smart homes, wearable devices, and more. The platform detects the language, and converts the speech into text in real time. It caters its solution to industries such as insurance, finance, telecom, and more.
- Website
- fano.ai
- Social
- Email ID
- *****@fano.ai
- Phone Number
- +852 **********
- Registered Address
- BURN ROAD, Singapore, 369977
Key Metrics
Founded Year
2015
Location
Hong Kong, China
Stage
Series B
Latest Funding Round
Investors
Ranked
2nd among 93 active competitors
Employee Count
105 as on Aug 31, 2026
Legal entities associated with Fano Labs
Fano Labs is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FANO LABS PTE. LTD. UEN: 202340535W , Singapore, Active | Oct 10, 2023 | - | - |
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Fano Labs's funding and investors
Fano Labs has raised funding over 4 rounds. Its first funding round was on 2016. Its latest funding round was a Series B round on May 02, 2024 for $*****. 3 investors participated in its latest round. Fano Labs has 12 institutional investors.
Here is the list of recent funding rounds of Fano Labs:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 02, 2024 | 1200443 | Series B | 8304377 | 8649145 | 5794706 | 9981355 |
Oct 11, 2022 | 4888512 | Series A | 8162782 | 8388669 | 4744051 | |
Nov 21, 2017 | 5472127 | Seed | 7782319 | 4660705 | 9730191 |
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Fano Labs' founders and board of directors
Founder? Claim ProfileHere are the details of Fano Labs' key team members:
- Miles Wen: Co-Founder & CEO of Fano Labs. Contact Info: 1 email address
- Victor Ok Li: Co-Founder and Chairman of the Board of Fano Labs.
View details of Fano Labs's Founder profiles and Board Members
Fano Labs' employee count trend
Fano Labs has 105 employees as of Aug 26. Here is Fano Labs's employee count trend over the years:
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Fano Labs's Competitors and alternates
Top competitors of Fano Labs include Rime, Skelter Labs and Vivoka. Here is the list of Top 10 competitors of Fano Labs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Rime 2020, San Francisco (United States), Series A | Developer of text-to-speech platform providing customizable, realistic, and fast voice generation | $49.1M | 66/100 | |
2nd | Provider of AI based speech recognition solutions | - | 51/100 | ||
3rd | Skelter Labs 2015, Seoul (South Korea), Acquired | Platform provider to create conversational AI platforms | $23.5M | 50/100 | |
4th | Provider of speech recognition software for various sectors | $3.45M | 50/100 | ||
5th | Eckoh 1997, Hemel Hempstead (United Kingdom), Acquired | Secure customer contact and payment solutions | - | 47/100 | |
6th | Provider of an AI-driven platform for hotel guest experience management | $10.8M | 47/100 | ||
7th | Developer of AI-powered visual inspection systems for quality control automation | $2.02M | 45/100 | ||
8th | Provider of data analytics, AI and IoT services | $1.18M | 42/100 | ||
9th | Advanced Media 1997, Toshima City (Japan), Public | Developer of voice recognition software and solutions for various industries | - | 40/100 | |
10th | AI voice platform that provides voice modulation for training voices | $10M | - | 39/100 |
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Fano Labs's Investments and acquisitions
Fano Labs has made no investments or acquisitions yet.
Reports related to Fano Labs
Here is the latest report on Fano Labs's sector:
News related to Fano Labs
Filter this listMedia has covered Fano Labs for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Language Artificial Intelligence Company "Youguang Technology" completes B financingCui Niuhui•May 20, 2024•Fano Labs, Openspace Ventures, HSBC, Greater Good Investment
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Hong Kong-Based Language AI Firm Fano Labs Wraps Up Series B Funding RoundSlator•May 15, 2024•Fano Labs, Horizons Ventures, Alibaba Group, Openspace Ventures and 2 others
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Hong Kong Language Ai Firm Fano Labs Fuels Apac Expansion With Series B FundingTechNode•May 02, 2024•Fano Labs, Openspace Ventures, HSBC, Greater Good Investment and 2 others
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Artificial intelligence company "Fano Labs" has received investment from AEF Greater Bay Area Venture FundSprout NewsSeed•Oct 12, 2022•Fano Labs, Gobi Partners
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AI accelerator Zeroth bags investment from digital media firm AnimocaTechCrunch+•Oct 02, 2018•Zeroth Ai, Animoca Brands, VENTURE CLASSICS LIMITED, Fano Labs and 1 other
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Startup Fano Labs uses AI to understand Chinese dialectsEjinsight•Jan 19, 2018•Fano Labs, Horizon Ventures
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Horizons Ventures backs AI startup Fano Labs in first Hong Kong investmentTechCrunch+•Dec 18, 2017•Fano Labs, Horizon Ventures
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Li Ka-shing bets on Hong Kong AI start-up to parse Chinese call centre industry’s Tower of BabelSCMP•Dec 12, 2017•Fano Labs
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