Robinhood Ventures Fund I has announced a significant investment totaling approximately $35 million in two companies, Stripe and ElevenLabs. The fund, which is traded on the NYSE, allocated $14.6 million to acquire Stripe Class B common stock and $20 million to purchase Series D preferred stock in AI audio company ElevenLabs. This move is part of Robinhood's strategy to offer retail investors access to privately held companies. The fund's portfolio already includes notable names such as Revolut, Airwallex, Boom, Databricks, and Ramp. Stripe, known for its stablecoin platform Bridge, and ElevenLabs, an AI audio firm, align with Robinhood's focus on investing in innovative fintech and artificial intelligence sectors.