Manga Startup Pools $20 Million to Fund New AI-Based Localization Tool

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Manga News

Anime,Manga Translation,Localization

Orange Inc. has raised nearly $20 million USD to help localization manga overseas.

Let's be real. These days, manga is growing by the second. The medium has become a go-to for readers across the globe, and the sales show as much. Here in the United States, manga sales account for more than half the graphic novel sales annually. The demand for manga is only getting higher, and now, it seems a company has raised nearly $20 million to craft localizations faster than ever before.

"The funds will be used to develop a localization product based on deep learning models and to launch their digital manga store in the summer of 2024," Orange Inc. writes. As for who funded the tool, Shogakukan stands on the list with Globis Captital Partners, ANRI, JIC Venture Growth Investments, Miyako Capital, Chiba Dojo Fund, and more.

"Orange has been developing a manga-dedicated localization system since it was founded. It enables significant efficiencies in the localization profess of manga by integrating cutting-edge computer vision and natural language processing technologies," Orange Inc. shared.

 

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