ElevenLabs pitch deck: AI voice intelligence startup raises $2 million:
The latest fundraise is another sign of the venture capital rush to AI in the wake of ...
businessinsider.com/elevenlabs-ai-voice-intelligence-startup-raises-2-million-2023-1
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ElevenLabs Raises $18M to Advance AI Voice TechLondon-based ElevenLabs targets $18M funding at a $100M valuation to enhance human-like speech synthesis and automated dubbing.
Key FactsJan 23, 2023 · Reading time: ~45 sec.
Summary created with AI assistance · Source: businessinsider.com
Summary created with AI assistance · Source: businessinsider.com
- ElevenLabs, founded by ex-Google and Palantir engineers, created a platform producing context-aware, realistic text-to-speech voiceovers.
- Following viral misuse mimicking celebrities, the startup secured a $2 million pre-seed round in January 2023.
- The company is patenting technology that captures human intonation for extended speech, serving creators and publishers.
- The upcoming $18 million raise will fund further research into voice cloning and automated multilingual dubbing capabilities.
What we figured out in that research space is to understand the text, so we are able to produce something that wasn't possible before.— Mati Staniszewski, ElevenLabs CEO, describing the research breakthrough to Insider in January after the pre-seed round
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company initiated by an entrepreneur to develop a scalable economic model
field that develops and studies software enabling machines to exhibit intelligent behavior
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