Jun 24, 2023

Now hear this: Voice cloning AI startup ElevenLabs nabs $19M from a16z and other heavy hitters

Posted by in categories: biotech/medical, robotics/AI, virtual reality

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ElevenLabs, a year-old AI startup from former Google and Palantir employees that is focused on creating new text-to-speech and voice cloning tools, has raised $19 million in a series A round co-led by Andreessen Horowitz (a16z), former Github CEO Nat Friedman and former Apple AI leader Daniel Gross, with additional participation from Credo Ventures, Concept Ventures and an array of strategic angel investors including Instagram’s co-founder Mike Krieger, Oculus VR co-founder Brendan Iribe and many others.

In addition, Andreessen Horowitz is joining ElevenLabs’ board, citing the late Martin Luther King Jr.’s “I Have a Dream” speech in its blog post on the news, as one of the examples of how the human “voice carries not only our ideas, but also the most profound emotions and connections.”

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