Music AI Secures $40M Series A to Pioneer Ethical AI Solutions in Music Industry

Music AI Secures $40M Series A to Pioneer Ethical AI Solutions in Music Industry

By Marcus Hartley

January 22, 2025 at 03:09 PM

Music AI, the company behind the Moises app, has secured $40 million in Series A funding led by Connect Ventures and monashees. The funding round also included participation from Kickstart, Samsung Next, Toba Capital, Valutia, Pelion, and music industry professionals like Freddy Wexler, 3LAU, and Alexander23.

Three screens displaying AI-generated music

Three screens displaying AI-generated music

The company's flagship product, Moises, has attracted over 50 million users globally and was named Apple's iPad App of the Year in 2024. Since its 2019 launch, Music AI has evolved from a consumer app into a research leader in AI audio technology development.

Key achievements and features include:

  • Industry-leading stem separation technology
  • Music Information Retrieval (MIR) solutions
  • Chord recognition capabilities
  • Key and beat detection
  • Music transcription
  • Generative solutions including singing voice modeling

The company emphasizes ethical AI development by:

  • Using only fully licensed content
  • Ensuring fair compensation for creators
  • Focusing on enhancing artistic creativity
  • Implementing on-device AI for improved privacy and performance

"We are deeply committed to partnering with ethically led AI companies that appropriately credit and compensate creators for usage of their work," said Michael Blank, Managing Partner at Connect Ventures.

Music AI's technology serves various users, from beginners to professional musicians and producers. The company plans to use the funding to advance its mission of making music innovation accessible while exploring new practical applications in the audio industry.

The investment demonstrates strong confidence in Music AI's approach to ethical AI development and its potential to shape the future of music technology. With its commitment to on-device processing and creator-friendly policies, Music AI is positioned to continue leading innovation in the music technology sector.

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