ElevenLabs, a pioneering startup specializing in AI-powered tools for creating and editing lifelike synthetic voices, has recently closed an $80 million Series B funding round. This round, co-led by prominent investors, brings the total funds raised by ElevenLabs to $101 million and values the company at over $1 billion. With a focus on developing cutting-edge technologies, ElevenLabs seeks to revolutionize
London-based embedded finance platform, Liberis, is making its debut in the Canadian market to empower small businesses with accessible financing solutions. Liberis’ expansion into Canada comes after it recently secured substantial debt financing and partnered with Vagaro Capital, providing a significant boost to its growth prospects. The company aims to offer flexible and transparent financing to small and medium-sized enterprises
Bharatsure, a Mumbai-based insurtech startup specializing in Infrastructure-as-a-Service (IaaS) solutions, recently announced that it has successfully secured $1 million in its latest funding round. This significant financial injection comes as a major boost to the company’s ongoing efforts to revolutionize group insurance distribution in India and marks a significant milestone for Bharatsure. Allocation of Funds The newly acquired funds have
Global law firm Norton Rose Fulbright has opened the doors to its seventh Insurathon competition, offering support and investment to start-ups and scale-ups in the insurance sector. The competition aims to foster technological advancements and innovation within the industry, providing a platform for emerging businesses to showcase their ideas and solutions. Past Support and Investment Since the launch of the
ElevenLabs, a cutting-edge AI voice startup founded by former Google and Palantir employees, has recently achieved unicorn status. With a valuation of $1.1 billion, the company has experienced exponential growth and raised $80 million in a Series B round of funding. This achievement not only highlights the company’s incredible potential, but also emphasizes the growing demand for AI voice technology
In a world of increasingly advanced technology, Perplexity AI is making its mark with its innovative AI-powered r1 Rabbit device. This cutting-edge gadget leverages Perplexity’s advanced AI technology to provide users with seamless and efficient answers to their queries. As AI continues to revolutionize various industries, the r1 Rabbit device stands out as a game-changer in the realm of user
The global peer-to-peer lending market has witnessed significant growth in recent years, reaching a valuation of USD 110 billion in 2022. With a remarkable compound annual growth rate (CAGR) of 25% anticipated from 2023 to 2032, industry experts project the market to reach an impressive USD 1024.45 billion by the end of the forecast period. This article delves into the
Cloud computing has revolutionized the way entrepreneurs run their operations from home, offering a wide array of benefits that surpass the limitations of traditional setups. In this article, we delve into the advantages that cloud computing brings to home-based businesses, exploring its cost-efficiency, accessibility, data security, collaborative capabilities, centralized data storage, version control features, and interoperability with third-party tools. By
The world of crypto venture capital is experiencing a recovery, and investors are seeking more liquid and growth-ready startup opportunities. After a period of uncertainty and market downturn, the crypto industry is gradually finding its footing, presenting new prospects for entrepreneurs in this space. Divergence between public and private markets As the recovery takes hold, it becomes apparent that capital
Sakana AI, a Tokyo-based artificial intelligence startup co-founded by two notable ex-Google engineers, has made a significant announcement today. The company has successfully secured $30 million in seed funding from high-profile technology investors. This hefty investment will enable them to pioneer a new approach to AI development, focusing on smaller, more efficient models inspired by nature. The company aims to
In today’s competitive business landscape, manual and repetitive tasks can hinder growth and profitability. With StockIQ, businesses can leverage automation to optimize their ordering process, saving time, money, and hassle. In this article, we will explore the benefits of StockIQ and how it addresses the challenges faced by businesses without automated ordering processes. Challenges Faced by Businesses without Automated Ordering
UltiHash Inc. announced today that it has successfully closed a pre-seed funding round, securing $2.5 million. This investment will pave the way for the launch of their innovative high-performance data storage software, which aims to revolutionize the way companies store and manage data. By addressing the existing challenges in data storage, UltiHash offers a solution to strike a better balance
