ElevenLabs
London, United Kingdom · StartupAI voice synthesis platform creating realistic multilingual speech for dubbing, audiobooks, and virtual agents.
ICONIQ Growth is a global growth-stage investor that co-led ElevenLabs' Series C in 2025 and participated again in the 2026 Series D round. The firm backs category leaders in software, AI, and digital platforms.
London, United Kingdom
Venture Capital
Growth
/united-kingdom/venture-capital/iconiq-growth
AI voice synthesis platform creating realistic multilingual speech for dubbing, audiobooks, and virtual agents.
A decacorn AI audio company co-founded by Polish-raised engineers, focusing on AI-powered voice technology and generation.
11x is the breakout star of the UK's agentic AI wave, known for building "digital workers" that replace full job functions rather than merely assisting them. Founded in 2022 by Hasan Sukkar, the company frames its product as autonomous employees rather than software tools. That positioning is controversial, but it resonates with revenue teams seeking to eliminate manual drudgery and scale outreach without linear headcount growth. The flagship product, Alice, is an AI Sales Development Representative that can source leads, research accounts, craft highly personalized outreach, and follow up continuously. In late 2024, 11x launched Jordan, a multilingual AI phone agent that conducts real-time voice conversations for qualification and support in more than 30 languages. Together, these agents can run a large portion of the outbound funnel end-to-end, from initial outreach to handoff, with human oversight focused on high-value exceptions. By early 2026, 11x had exploded in valuation after a Series B led by Andreessen Horowitz, a rare win for a UK-first startup. The company processes millions of interactions for high-growth tech companies such as Otter.ai and Airwallex and is expanding its footprint in San Francisco to preempt US-based competitors. The roadmap centers on "digital teams" that coordinate multiple agents across tasks: one agent identifies a lead, another calls, a third negotiates logistics, and a final agent drafts the contract. This orchestration layer is the company's strategic bet on becoming the default system for revenue operations. The company's roots include Y Combinator's Summer 2023 batch, which accelerated its US network and credibility, and its UK engineering base sits in the London Bridge tech hub. Investor support spans US and European capital: a16z led the Series B, Benchmark led the Series A, Lux Capital participated early, Quiet Capital backed growth, and 20VC provided influential local support. In 2026, 11x is the UK's most visible play on AI-native revenue teams, aiming to become a category-defining platform for autonomous sales operations.
Founder of Filmaster and co-founder of VC fund SMOK Ventures, Borys also spearheads the SMOK Angels network. A former coder turned investor, he has nurtured dozens of early-stage Polish startups. Borys is known for community building (e.g. Reaktor Warsaw) and has invested in startups across AI, gaming, and software. He co-leads an angel fund, so he straddles angel and VC roles. Associated startups: Included via SMOK portfolio (e.g. Spin.ai, Incentive Games) and through SMOK Angels network.
DeepL is a Cologne-based AI translation company founded in 2017 by CEO Jarosław Kutylowski. Renowned for its neural machine translation quality, DeepL quickly surpassed competitors in accuracy and nuance. The company’s cloud platform serves over 100,000 business and government customers worldwide, including enterprises like Zendesk and Deutsche Bahn. DeepL achieved unicorn status in 2023 with a €1 billion valuation and continued to grow explosively – by early 2025 it had raised $410 million (led by investors like Index Ventures and Atomico) and reached a $2 billion valuation. In late 2025, reports emerged that DeepL is considering an IPO amid surging revenue, which doubled year-on-year to $185 million in 2024. DeepL’s core product is an AI-driven translator supporting 30+ languages, used for real-time document and content translation. The firm also launched DeepL Write to improve monolingual writing and an AI Agent to automate business tasks. As of 2025, DeepL is recognized as one of Europe’s premier AI startups, combining cutting-edge NLP research with a fast-growing SaaS business. The company’s success – valued at $2 billion and poised for a public offering – underscores Europe’s strength in deep-tech innovation.
Tech veteran and angel building founder communities through Passion Capital and individual bets.
AI voice synthesis platform creating realistic multilingual speech for dubbing, audiobooks, and virtual agents.
Founded 2006. Growth-stage investor in digital media, AI, and software scale-ups across Europe.
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