Music AI, a pioneer in artificial intelligence for audio and music, has secured a substantial $40 million in Series A funding. This significant investment, led by Connect Ventures and monashees, along with other notable participants, underscores the company's innovative approach and its potential to transform the music industry. The funds will be used to enhance Moises, an app that has garnered over 50 million users globally and was recognized as Apple’s iPad App of the Year in 2024. Music AI is committed to empowering creators through ethical AI solutions that respect and compensate artists fairly, while also advancing technologies like stem separation and generative music creation.
Pioneering Ethical AI Solutions for Musicians
The company's dedication to ethical AI practices sets it apart in the competitive tech landscape. By focusing on fully licensed content and fair compensation for creators, Music AI aims to foster trust within the music community. The Series A funding will enable the company to expand its research and development efforts, ensuring that its technologies not only enhance creativity but also uphold high ethical standards. This commitment has attracted support from leading investors who recognize the importance of responsible innovation in the digital age.
Michael Blank, Managing Partner at Connect Ventures, emphasized the company's talent-friendly approach and unparalleled technology, which positions Music AI as the premier AI platform for the music industry. By empowering artists and enhancing the creative process for musicians, producers, and content creators worldwide, Music AI is paving the way for a new era of music production. The company's ability to integrate advanced AI tools into everyday workflows has made it a trusted partner for both beginners and professionals alike. Through its proprietary technologies, Music AI ensures reliable, secure, and scalable solutions that elevate the end-user experience with cutting-edge features.
Expanding Global Reach and Technological Innovation
Since its inception in 2019, Music AI has evolved from a consumer app to a research powerhouse in AI development. The global success of Moises, which has captivated over 50 million users, highlights the company's ability to bridge the gap between technology and creativity. With this latest round of funding, Music AI plans to further develop its suite of multi-platform AI tools, catering to a broad audience ranging from music students to world-class producers. The company's focus on embedded technology, including on-device AI, aligns with the future of computing, offering faster performance, better privacy, and reduced cloud dependency.
Carlos Castellanos, investor at Samsung Next, highlighted the significance of Music AI's commitment to on-device AI, which allows models to run directly on hardware. This capability ensures reliability, security, and scalability across various devices, from smartphones to smart TVs. In addition to stem separation, Music AI has been advancing technologies such as chord recognition, key and beat detection, and music transcription. The company's expansion into generative solutions, including singing voice modeling and assistive music creation, demonstrates its ongoing commitment to pushing the boundaries of what AI can achieve in the music industry. CEO Geraldo Ramos expressed enthusiasm about exploring new possibilities and making music innovation accessible to all, solidifying Music AI's position at the forefront of AI-driven audio technologies.