ElevenLabs, a startup that makes AI tools for audio applications, is being approached by existing and new investors about a new round, which could value the company as highly as $ 3 billion, TechCrunch has learned. The two-year-old company specializes in making AI tools to generate synthetic voices for audiobook narrations, and for real-time video […]
OpenAI raises $6.6B and is now valued at $157B
ChatGPT maker OpenAI has closed the largest VC round of all time. The startup today announced that it raised $ 6.6 billion in a funding round that values OpenAI at $ 157 billion pre-money. Led by previous investor Thrive Capital, the new cash brings OpenAI’s total raised to $ 17.8 billion or so, per Crunchbase. […]
UK neobank Revolut valued at $45B after secondary market sale
Revolut has confirmed a new valuation of $ 45 billion via a secondary market share sale, shortly after the U.K.-based neobank secured its own banking license in the U.K. and in Mexico. The news positions Revolut as one of Europe’s most valuable private tech companies. Founded out of London in 2015, Revolut is one of […]
NEA led a $100M round into Fei-Fei Li’s new AI startup, now valued at over $1B
World Labs, a stealthy startup founded by renowned Stanford University AI professor Fei-Fei Li, has raised two rounds of financing two months apart, according to multiple reports. The latest financing was led by NEA and valued the company at over $ 1 billion, TechCrunch has learned from several people with knowledge of the investments. This was […]
Vanta trust management platform raises $150M Series C, now valued at $2.45B
Vanta, a trust management platform that helps businesses automate much of their security and compliance processes, today announced that it has raised a $ 150 million Series C funding round led by Sequoia Capital. The company is now valued at $ 2.45 billion, up from $ 1.6 billion in 2022 when it raised its $ […]