Cytowski & Partners has advised Polish start-up Eleven Labs on its USD 2 million pre-seed financing round with Credo Ventures, Concept Ventures, and angel investors from the UK and CEE.
Eleven Labs is an AI voice technology start-up co-founded by two Polish engineers, Mati Staniszewski and Piotr Dabkowski. The solution it has developed – a deep-learning model for speech synthesis – can convert text to speech. “The company has built generative artificial intelligence for dubbing,” Cytowski & Partners informed.
Credo Ventures is a Prague-based seed and series A stage venture fund.
The Cytowski & Partners team included Partner Tytus Cytowski and Trainee Associate Kunal Kolhe.