ElevenLabs Raises $2 Million in Pre-Seed Funding and Unveils AI Voice Platform to Innovate Audio Storytelling
Key point
AI voice technology startup ElevenLabs has raised $2 million in pre-seed funding and launched a beta version of its AI voice platform.
Details
AI voice technology startup ElevenLabs has raised $2 million in pre-seed funding led by Credo Ventures, and launched a beta version of its AI voice platform for content creators.
The platform is based on a proprietary deep learning model that realistically reproduces human intonation and tone, supporting natural speech synthesis based on context. In particular, with just about 5 seconds of a short sample, Voice Cloning with high similarity is possible without separate training.
ElevenLabs is developing an AI Dubbing tool, aiming for release by the end of this year. This tool will provide the functionality to automatically convert audio or video into other languages while preserving the original speaker's voice.
The company's ultimate goal is to realize on-demand multilingual audio support across various fields such as education, streaming, gaming, and film, enabling people to enjoy content without language barriers.
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