Ello aims to eradicate childhood illiteracy by leveraging artificial intelligence and child speech recognition technology. The startup announced today that it secured $15 million in Series A financing to help it do so, and the funding will go toward product development and expanding access to consumers. “Ello is one of those great companies,” Coddy Johnson, […]
Similar Posts
11x.ai, a developer of AI sales reps, has raised $50M Series B led by A16Z, sources say
11x.ai, a startup that develops AI-powered sales development bots, has secured roughly $50 million in Series B funding, TechCrunch has learned. The new round was led by Andreessen Horowitz, valuing the company at around $350 million, multiple sources told TechCrunch. The recent deal follows the company’s $24 million Series A, which was led by Benchmark with the participation of other investors including 20VC, Project A, Lux Capital, and SV Angel. While 11x.ai announced its Series A round earlie
Sep 30, 2024
Investors are scrambling to get into ElevenLabs, which may soon be valued at $3 billion
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 dubbing into other languages. One source at an interested VC firm told TechCrunch that investors are scrambling to get into the fast-growing company
Oct 3, 2024
English learning platform ELSA lands $22.5M Series C
ELSA, the English language learning platform, announced today it has raised $22.5 million in Series C funding. It also launched ELSA AI Tutor, which draws on years of speech recognition data collected by the app and reproduces conversations through generative AI to help learners correct their pronunciation, grammar and tone. This brings ELSA’s total raised […]
Sep 12, 2023
Singapore-based startup EduFi raises funding for its student loan platform
EduFi, a fintech startup that enables financially strapped students to secure loans for their education, has raised $6.1 million in a pre-seed round led by Zayn VC with participation from Palm Drive Capital, Deem Ventures, Q Business and angel investors. The Singapore-based startup has launched an artificial intelligence-powered study now, pay later (SNPL) lending platform […]
Nov 9, 2023