M&ATMTSIGNED
AI voice start-up ElevenLabs doubles valuation to $22bn
Value
$300M
Acquirer
Existing investors and employees
Target
ElevenLabs stock
AI voice start-up ElevenLabs has doubled its valuation to $22 billion. Existing investors and employees at the speech-generation software company have sold $300 million worth of stock.
✦ Meridian Analysis
This is a secondary transaction, not a primary financing or M&A deal, but it reflects significant investor interest and valuation growth in the AI sector. The substantial value indicates strong market confidence in the company's technology.
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