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Voice cloning startup ElevenLabs lands $80M, achieves unicorn status
ElevenLabs, a startup creating AI-powered tools to generate voices, has raised a fresh round of capital and achieved unicorn status.
Case in point: ElevenLabs, a startup developing AI-powered tools to create and edit synthetic voices, today announced that it closed an $80 million Series B round co-led by prominent investors including Andreessen Horowitz, former GitHub CEO Nat Friedman and entrepreneur Daniel Gross. Increasingly, ElevenLabs is investing in versions of its speech-generating tech aimed at creating audiobooks and dubbing films and TV shows, as well as generating character voices for games and marketing activations. ElevenLabs’ innovations have won the startup customers in Paradox Interactive, the game developer whose recent projects include Cities: Skylines 2 and Stellaris, and The Washington Post — among other publishing, media and entertainment companies.
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