AI Music Startup Secures $40M in Series A Funding

Music AI, the innovative company behind the Moises platform, has successfully raised $40 million in a Series A funding round led by Connect Ventures and Brazilian investment firm monashees. The funding saw participation from notable investors, including Kickstart, Samsung Next, and music industry professionals like Freddy Wexler and 3LAU. This investment will enhance Music AI's commitment to ethical AI solutions that support creators while expanding its user base of over 50 million globally. The CEO, Geraldo Ramos, emphasised the company's mission to make music innovation accessible for all.