Amberscript in a $10 million seed round backed by Endeit Capital.

Amberscript, an Amsterdam, Netherlands-based SAAS startup developing a tool that produces subtitles from video and audio content, announced closing a $10 million series A funding round.

The money was raised from investors led by Endeit Capital.

Amberscript, founded in 2017 by CEO Peter-Paul de Leeuw, Thomas Dienste and Timo Behrens, is building SaaS solutions that automatically transform audio and video into text and subtitles using speech recognition. The company works with media companies, governments, and educational institutions such as universities, which are legally obligated to make their audio and video content accessible to the deaf and hard of hearing.