Music AI Secures $40M Series A to Advance Ethical AI Solutions in Music Industry
Music AI, creator of the popular app Moises, has secured $40 million in Series A funding led by Connect Ventures and monashees. This significant investment will help drive ethical AI development in the music industry.
Three screens displaying AI-generated music
The company has achieved remarkable success with its Moises app, attracting over 50 million users globally and earning Apple's iPad App of the Year award in 2024. Since its launch in 2019, Music AI has evolved from a consumer app into a research powerhouse developing cutting-edge audio technologies.
Music AI specializes in various technologies, including:
- Music Information Retrieval (MIR) solutions
- Stem separation
- Chord recognition
- Key and beat detection
- Music transcription
- Generative solutions like singing voice modeling
The funding round included participation from notable investors such as:
- Kickstart
- Samsung Next
- Toba Capital
- Valutia
- Pelion
- Industry professionals Freddy Wexler, 3LAU, and Alexander23
The company stands out for its commitment to ethical AI development, ensuring creators are properly credited and compensated for their work. Their technology runs on-device, offering enhanced privacy, faster performance, and reduced cloud dependency.
"We're ready to advance our mission of making music innovation accessible to all, and we're eager to explore new possibilities with a focus on practical applications," said Geraldo Ramos, CEO of Music AI. The company's focus on licensed content and fair compensation positions it as a trusted platform in the evolving landscape of AI-powered music technology.