The generative AI boom has put a spring in the step of Correcto, a Madrid-based language writing tool startup focused on Spanish speakers that's today announcing $7 million in seed funding. The round is led by London-based Octopus Ventures, with Carya Venture Partners and River Park Ventures also contributing. The founding team began work on their idea to build a Grammarly-style auto-editing tool for correcting written Spanish at the back end of 2021 ' before generative AI tools like ChatGPT had blasted onto the scene and grabbed global attention. Studying and working abroad led co-founders Abraham Lopez Lee (CEO) and Ignacio Prieto Mayorga (COO) to use and appreciate tech tools like Grammarly which, they recount, helped them improve the quality of their written English. And they recount being surprised they couldn't find comparable tools for correcting Spanish grammar and syntax, even as years of living outside Spain put a bit of a dent in their own confidence at writing...
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