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Funding Alert|Phonic Raises $27.5M Series A for Its Speech-to-Speech Voice Agent Model

Phonic raised a $27.5M Series A led by First Round, bringing total funding to $31.5M, and launched its speech-to-speech model Phonic-1, which beat GPT-Live-1, Grok Voice 3, and Eleven v4 Turbo in blind listening tests — though it still loses to human voice actors. The signal: voice agents are shifting from stitched-together pipelines to native end-to-end models.