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Voice Cloning AI Startup ElevenLabs Secures $19M Funding from a16z and Other Investors

By: Advait Gupta

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ElevenLabs, a one-year-old AI startup by former Google and Palantir employees, 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, among others. The company focuses on creating new text-to-speech and voice cloning tools for a range of applications. Already, ElevenLabs claims to have over a million creators and developers from various industries who have collectively generated more than 10 years of audio content. Available products include Speech Synthesis, VoiceLab, and the newly unveiled AI Speech Classifier with an API, identifying AI-generated audio from ElevenLabs. The company has also promised two other upcoming products: an AI dubbing tool and Publishers Projects, an audio production app. However, ElevenLabs has posted a Voice Cloning Guide on its website that warns against illegal uses that infringe on the law, such as fraud, discrimination, and hate speech.

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Frequently Asked Questions (FAQs) Related to the Above News

What is ElevenLabs?
ElevenLabs is a one-year-old AI startup that specializes in creating new text-to-speech and voice cloning tools for a range of applications.

Who are the investors that co-led ElevenLabs' Series A funding round?
The Series A funding round for ElevenLabs was co-led by venture capital firm Andreessen Horowitz (a16z), former Github CEO Nat Friedman, and former Apple AI leader Daniel Gross, among others.

What are some of ElevenLabs' available products?
ElevenLabs' available products include Speech Synthesis, VoiceLab, and the newly unveiled AI Speech Classifier with an API.

How many creators and developers are currently using ElevenLabs?
According to ElevenLabs, over a million creators and developers from various industries are currently using their platform.

What does ElevenLabs' Voice Cloning Guide warn against?
ElevenLabs' Voice Cloning Guide warns against illegal uses of their technology that infringe on the law, such as fraud, discrimination, and hate speech.

What upcoming products has ElevenLabs promised?
ElevenLabs has promised two upcoming products: an AI dubbing tool and Publishers Projects, an audio production app.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

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