DeepL, a German AI translation company, has secured a $300 million financing round at a $2 billion valuation.

The financing round was led by Index Ventures with participation from ICONIQ Growth and Teachers' Venture Growth.

The round was oversubscribed, highlighting DeepL's rapid enterprise adoption in over 60 global markets.

DeepL serves over 100,000 customers worldwide, providing AI-powered translation and writing solutions.

Recent expansion efforts include new products like DeepL Write Pro and support for additional languages such as Arabic, Korean, and Norwegian.

A study showed a 345% ROI for companies using DeepL's AI solutions.

With the new funding, DeepL plans to invest in research, product innovation, and global market expansion.

The funding round solidifies DeepL's position as the most valuable German AI company.