Poland Invests $11M in ElevenLabs to Build AI Tech Hub

(bloomberg.com)

9 points | by 01-_- 9 hours ago ago

2 comments

  • FinnLobsien 9 hours ago ago

    I'm curious about the reasoning for this. Must've been really good terms for both sides or wanting to do well by compatriots. ElevenLabs previously raised a $500m and I don't know why they'd need $11m when they're not even fundraising

    • david_shi 7 hours ago ago

      I’d imagine there’s value to being in the same room as funds and other board members, also helps with scouting new deals.