Poland invests $11M in ElevenLabs and launches AI Lab Poland to grow its next generation of AI startups — TFN

Poland’s state-backed Vinci fund has invested $11 million in ElevenLabs, making the government a direct shareholder in the $11 billion AI voice company.

The deal also launches AI Lab Poland, a national program that gives early-stage AI startups access to funding, mentorship, and ElevenLabs’ global network of investors and enterprise clients.

ElevenLabs reached $500 million in annual recurring revenue in the first four months of 2026, adding $150 million in new recurring revenue in just 120 days.

Poland has produced one of the world’s most valuable AI companies. Now it wants to build the ecosystem that produces the next one.

Vinci, the venture arm of Poland’s state development bank BGK Group, has invested $11 million in ElevenLabs, acquiring a minority stake in the AI voice giant and simultaneously launching AI Lab Poland.