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ElevenLabs recently closed Series D funding round that valued it at $11 billion.
Activate invested in ElevenLabs' Series D round at an $11 billion valuation.
KEY POINTS
- Activate used a separate strategic vehicle for this deal, not its core early-stage fund.
- Activate will support ElevenLabs' expansion and developer ecosystem in India specifically.
- India is already ElevenLabs' second-largest market globally by revenue.
- This is Activate’s first growth-stage investment since its launch earlier this year.
COMPANIES
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