The EU Scaleup Fund is in talks to join ElevenLabs' latest funding round, which reports value at $500m, according to Sifted. The exact amount the fund might contribute is not stated in the reporting.
The discussions are still live, and neither ElevenLabs nor the fund has made a public confirmation. The source draws on press reports rather than official statements.
If finalised, the investment would add the EU Scaleup Fund to ElevenLabs' investor list, though the report provides no terms, valuation, or timeline.