Music AI Secures $40M in Series A Funding, Moises Exceeds 50M Users
Music AI Secures $40M in Series A Funding, Moises Exceeds 50M Users

Music AI Secures $40M in Series A Funding, Moises Exceeds 50M Users

News summary

Music AI, the creator of the Moises music platform, has successfully raised $40 million in a Series A funding round led by Connect Ventures and Brazilian investor monashees, with participation from various other investors and music industry professionals. The funding comes as Moises reaches 50 million registered users globally, significantly up from 30 million earlier this year, and was named Apple’s iPad App of the Year in 2024. CEO Geraldo Ramos emphasized the company's commitment to ethical AI solutions, ensuring fair compensation for creators while providing innovative tools for musicians and producers. The Moises platform offers a variety of AI capabilities, including stem separation and lyric transcription, catering to both amateurs and professionals in the music industry. With this investment, Music AI aims to enhance its technology and expand its offerings, positioning itself as a leader in the AI-driven creative sector. The funding round underscores the growing interest in AI technologies that respect intellectual property rights and foster collaboration in the music industry.

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