Polish-founded ElevenLabs has raised $500 million (€425.28 million) in a Series D round, valuing the AI voice and conversational technology company at $11 billion, the company announced today. The round was led by Sequoia Capital, with existing investors Andreessen Horowitz quadrupling its investment and ICONIQ Capital tripling down. As part of the round, Andrew Reed of Sequoia Capital will join ElevenLabs’ board. New investors Lightspeed Venture Partners, Evantic Capital, and BOND also participated, alongside continued backing from BroadLight Capital, NFDG,...
In 2025, CEE continued to produce new unicorns in various verticals: language learning, hospitality software, […]
A few years ago, defense was still a taboo word in most European venture conversations. […]
Polish Nomagic, a provider of AI powered robotics for warehouses and the fulfillment sector, announced […]
In 2025, global VC remained highly selective, with capital continuing to concentrate around AI. The […]
This research delivers the first comprehensive market intelligence on defense and cybersecurity innovation in Central and Eastern Europe, mapping startups, investment flows, and ecosystem stakeholders across 14 markets. Incorporating detailed data and expert interviews, the report examines dual-use technologies and strategic partnerships that underpin Europe’s evolving security architecture.
Download the report
A few years ago, defense was still a taboo word in most European venture conversations. […]
If you’re a founder, at least once you’ve googled “go-to-market strategy.” You’ve asked ChatGPT, and […]
Back in 2016, after visiting a university incubator in Estonia, I returned to Ukraine with […]
Polish-founded ElevenLabs has raised $500 million (€425.28 million) in a Series D round, valuing the […]
In 2025, CEE continued to produce new unicorns in various verticals: language learning, hospitality software, […]
A few years ago, defense was still a taboo word in most European venture conversations. […]
Polish Nomagic, a provider of AI powered robotics for warehouses and the fulfillment sector, announced […]
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In 2025, global VC remained highly selective, with capital continuing to concentrate around AI. The […]
The Recursive’s weekly roundup aims to cover key tech developments across Central and Eastern Europe, […]
If 2024 was defined by its consistency for Polish startups, 2025 will be remembered as […]
In 2021, European regulators rolled out a new licensing framework that fundamentally changed who could […]
This research delivers the first comprehensive market intelligence on defense and cybersecurity innovation in Central and Eastern Europe, mapping startups, investment flows, and ecosystem stakeholders across 14 markets. Incorporating detailed data and expert interviews, the report examines dual-use technologies and strategic partnerships that underpin Europe’s evolving security architecture.
Download the report
Greek-founded Pallma AI has raised a $1.6M (€1.36M) pre-seed round led by Marathon Venture Capital […]
If you’re a founder, at least once you’ve googled “go-to-market strategy.” You’ve asked ChatGPT, and […]
In 2025, the Baltic startup ecosystem continued to mature. At the same time, investment activity […]
The newest funding is a seed round secured by InsiderCX based in Varaždin/Zagreb, Croatia. 👯 […]
