AI Music Platform SoloAI Secures $2 Million in Seed Funding for Virtual Artist Creation
AI-powered music generator and virtual artist creator SoloAI has secured a $2 million seed funding round led by HongShan (formerly Sequoia China) with participation from Story Protocol.
Blue AI logo with circuit pattern
The platform combines three core offerings:
- AI Music Generation
- Enables users to create, share, and monetize original tracks
- Functions as both a creation tool and streaming service
- Hosts music-focused community events and contests
- Virtual Artists (VTubers)
- Creates AI-powered virtual performers who compose and perform music
- Features personalities like DJ SONA, who streams 24/7 on both SoloAI and Twitch
- Plans to allow users to create their own custom avatars
- Blockchain Integration
- Partners with leading blockchain projects
- Transforms generated music into tradeable digital assets
- Requires crypto wallet connection for platform access
SoloAI aims to differentiate itself in the crowded AI music space (which includes competitors like Suno, Udio, Melodio, and Boomy) through its combination of music generation, virtual performers, and blockchain technology.
The investment from Story Protocol, which is backed by Endeavor and a16z Crypto, aligns with SoloAI's vision of transforming digital music into programmable IP assets that can be monetized on the blockchain.
This funding round positions SoloAI to continue developing its platform at a time when AI music generation is gaining significant traction, with major platforms like YouTube recently expanding their generative AI capabilities in Shorts.
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