ElevenLabs Attracts Investment from BlackRock, Jamie Foxx, Eva Longoria
AI startup ElevenLabs has secured new investment from BlackRock, Jamie Foxx, and Eva Longoria. The involvement of such prominent backers highlights continued investor interest in AI-driven speech technology.
ElevenLabs Raises Over $550M in Series D With New Backers
UK-based AI startup ElevenLabs has secured over $550 million in Series D funding, adding investors such as Nvidia, BlackRock, and high-profile entertainers. The company, noted for its advanced AI text-to-speech technology, reported surpassing $500 million in annual recurring revenue.
IQM Secures €50 Million for Quantum Computing Expansion
Finland-based IQM Quantum Computers has obtained a €50 million financing package led by BlackRock. The funding will support global expansion, research and development, and aims to enhance the company’s presence in the quantum computing market.