AI-driven music and audio technology start-up Music AI has raised $40 million in a funding round led by Connect Ventures — an investment partnership between talent agency Creative Artists Agency (CAA) and NEA — and Brazilian investor monashees.
Other participants include Kickstart, Samsung Next, Toba Capital, Valutia, and Pelion along with music industry professionals such as Freddy Wexler, 3LAU, and Alexander23.