[AI Voice Startup ElevenLabs Doubles Valuation to $22 Billion Following Equity Deal] According to Deep Tide TechFlow on September 30, as reported by the Financial Times, London-based AI voice startup ElevenLabs has doubled its valuation to $22 billion following an equity transaction, placing it among the most valuable AI labs globally. The company, which develops realistic voice generation software, saw its existing investors and employees sell $300 million worth of shares in a deal led by Wellington Management Company and T. Rowe Price Group. This transaction has doubled ElevenLabs' valuation compared to its previous funding round in February this year, bringing its valuation close to that of French AI startup Mistral, which recently completed a €3 billion funding round at a valuation of €21 billion (approximately $24 billion), setting a record for the largest private tech financing in Europe.