
Mati Staniszewski couldn’t believe his luck. Barely more than a year after the 28-year-old founded a small AI start-up, it hit a $100 million valuation in June. “It’s exciting — we are lucky to be paving the way where others haven’t been before,” said Staniszewski, whose London-based company, ElevenLabs, auto-generates audio to dub films in English into foreign languages.
“Last year we approached tens of investors, and we were rejected by most of them — all the attention was on the metaverse and crypto companies,” he said.