Polish AI startup ElevenLabs, specializing in text-to-speech technology, has reached a valuation of $3.3 billion (over CZK 82 billion) following a recent funding round. Among its early backers was the Prague-based Credo Ventures, which invested $2 million in early 2023 and now anticipates a potential billion-crown return upon exit. ElevenLabs’ clients include The Washington Post, The New Yorker, and ESPN.

Source: E15.cz