Nvidia-backed AI voice startup ElevenLabs has reached a valuation of $11 billion in its latest fundraising round, as the company considers going public through an initial public offering (IPO). This development comes at a time when global funding for AI startups is experiencing significant growth.
According to a report by Dealroom, global funding for AI startups reached record levels in 2025, with European AI startups alone raising a record $21.6 billion. This surge in funding highlights the increasing interest and investment in the AI sector, with Nvidia being one of the key players backing innovative startups like ElevenLabs.
The valuation of ElevenLabs at $11 billion is a significant milestone for the company, and its potential IPO could further accelerate the growth of the AI industry. With the backing of Nvidia and the current trend of record funding for AI startups, ElevenLabs is well-positioned to capitalize on the increasing demand for AI-powered solutions.
Leave a Reply