ElevenLabs Raises $500M At $11B Valuation, Considers IPO

by THEFUTURE.TEAM

February 5, 2026

Funding Milestone And Strategic Partnerships

London-based AI startup ElevenLabs announced a significant funding round, securing $500 million at an $11 billion valuation. The round was led by Sequoia Capital and saw strong participation from established investors, including Andreessen Horowitz and Iconiq Capital. New backers such as Lightspeed Venture Partners, Evantic Capital, and Bond also joined the round, underscoring the robust investor confidence in the company’s disruptive AI technology.

Innovative Growth And Enterprise Adoption

Founded in 2022, ElevenLabs initially gained recognition for its advanced text-to-speech models before expanding its portfolio to incorporate speech-to-text, sound effects, dubbing, music, and conversational AI. Its cutting-edge products empower enterprises to deploy voice and chat agents and offer brands and creators a platform to generate and localize audio content. Industry giants, including Nvidia, Meta, and Salesforce, leverage ElevenLabs’ voice infrastructure to innovate their offerings.

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Scaling Globally And Preparing For An Ipo

ElevenLabs closed 2025 with an impressive $330 million in annual recurring revenue, driven by enterprise adoption from clients such as Deutsche Telekom and Revolut. Cofounder Mati Staniszewski remarked, “This funding helps us go beyond voice alone to transform how we interact with technology altogether,” hinting at the company’s broader plans. With offices spanning Europe, Brazil, Mexico, India, South Korea, Japan, and the United States, the firm is well-positioned for international expansion while gearing up for a potential IPO.

AI Startup Funding At Record Levels

The surge in investment in the AI sector is not isolated. In 2025, European AI startups raised a record €21.6 billion, with notable rounds including French model builder Mistral’s €1.7 billion raise and UK-based Nscale’s $1.1 billion funding. Additionally, landmark rounds for companies like German defence tech Helsing and UK avatar developer Synthesia further illustrate the market’s escalating confidence. In the United States, investors pumped $164.6 billion into AI companies. Major funding rounds for OpenAI, Anthropic, and xAI drove much of this growth, alongside reports that Amazon could invest up to $50 billion in OpenAI.

As AI continues to redefine the technological landscape, ElevenLabs’ latest funding round not only marks a significant milestone for the company but also highlights the broader industry’s momentum towards transformative, next-generation AI applications.

The Future Forbes Realty Global Properties

Ultrahuman Unveils Ring Pro As Smart Ring Competition Intensifies In The U.S.

by THEFUTURE.TEAM

February 27, 2026

Ultrahuman, the Bengaluru-based leader in wearable technology, has unveiled its third-generation smart ring, the Ring Pro, marking a significant step in the company’s efforts to reestablish its U.S. presence. With an extended battery life of up to 15 days and a completely redesigned form factor, the Ring Pro arrives as a strategic response following last year’s patent dispute with rival Oura.

New Design And Extended Battery Life

Ring Pro introduces a redesigned form factor alongside a dual-core processor and upgraded heart-rate sensing architecture aimed at improving data accuracy. The device is slightly heavier than its predecessor but offers enhanced on-device computing and the ability to store up to 250 days of health data. Priced at $479, the ring delivers up to 15 days of battery life, a notable increase compared to the four to six days offered by the Ring Air.

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Overcoming Regulatory And Patent Hurdles

Ultrahuman’s U.S. operations faced disruption in October 2025 after the U.S. International Trade Commission ruled in favor of Oura in a patent dispute, restricting imports of new inventory. Existing stock remained available, but the decision pushed the company to redesign the product and reassess its U.S. strategy. The market remains critical for Ultrahuman, with American users accounting for roughly 45% of its 700,000 daily active users.

Introducing Jade: Real-Time Biointelligence

Alongside Ring Pro, Ultrahuman launched Jade, a real-time biointelligence system designed to provide actionable health insights instead of retrospective data summaries. According to co-founder and CEO Mohit Kumar, the system focuses on continuous analysis and real-time recommendations. Jade is available across the company’s ecosystem, including older ring models, reinforcing Ultrahuman’s AI-driven approach to wearable health monitoring.

Robust Financials And Expanding Market Influence

Despite legal and operational challenges, Ultrahuman continues to show strong financial performance. The company reports an annualized revenue run rate of approximately $150 million and operating revenue of $64 million for the fiscal year ending March 2025. Subscription services and additional offerings, including coaching programs and continuous glucose monitoring, continue to diversify revenue streams and support profitability.

Expanding Production And Global Reach

Ultrahuman is expanding production capacity as demand grows across international markets, including the UK, Canada, Australia, and India. Industry analysts note that the future of smart rings will depend on sensor precision, AI integration, and ecosystem connectivity — areas where Ultrahuman is actively investing.

With the launch of Ring Pro and the introduction of Jade, the company is aiming to strengthen its position in the fast-growing wearable technology sector while rebuilding momentum in key global markets.

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