Robinhood's investment fund has invested approximately $35 million in Stripe and ElevenLabs.

CoinFeed reported on March 17th that, according to The Block, Robinhood Ventures Fund I, traded on the NYSE, announced an investment of approximately $14.6 million in Stripe Class B common stock and a $20 million investment in AI audio company ElevenLabs, purchasing its Series D preferred stock. The fund aims to provide retail investors with exposure to privately held companies, and its current holdings include Revolut (a cryptocurrency trading service), as well as Airwallex, Boom, Databricks, and Ramp. The report notes that Stripe owns the stablecoin platform Bridge, and Robinhood management stated they will continue to invest in cutting-edge fintech and artificial intelligence companies.