Unbabel, a startup that is part of IST Spin-off community, was elected one of the most innovative companies of 2020. According to the ranking released by the Fast Company Magazine , this Tuesday, 10th March,  Unbabel ranks 3rd in “Enterprise” category, for “combining the speed of machine translation with the authenticity of a native speaker”. This machine-powered language translation platform introduced some major advances in 2019, winning several awards for the quality of its machine translation and helping its clients improve the quality of their customer support around the world. The AI moonshot challenge is one of the most recent initiatives of Unbabel and combines AI with emerging space technologies to combat climate change.

“Last year we made a major breakthrough in machine translation and in product adoption. The number of our customers has largely increased”, said Vasco Pedro, CEO of Unbabel.

In 2019, Unbabel was among the Top-25 Portuguese scaleups according to the BGI ranking.

A few months earlier, in September 2019, the company has raised $60 million in Series C financing.